Mid-term bullish scenario

Price Reaction: If the price bounces off the marked support area, we can expect it to rise towards the upper range of the linear regression channel, reaching levels between $235 and $245 in the medium term.

Precautions: It is important to monitor the price behavior in the support zone ($215 - $220). A break below this level could invalidate the bullish scenario and indicate a trend change.
Trend Analysis

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