Trend: Bearish-to-sideways. Price has been making lower highs after the initial drop. Key Support: ~76–78 zone (clearly tested multiple times — strong demand area). Key Resistance: ~88–92 zone (recent lower highs + rejection area).
Current Situation:
Price is hovering just above support → decision zone. RSI ~42–50 → neutral, no strong momentum either way.
Scenarios:
Bullish: Hold above 76 → bounce toward 85–90 range. Bearish: Clean break below 76 → likely drop toward 70 or lower.