The price exhibits a bearish trend as long as it trades below 2420, targeting 2397. Stability above 2420 would indicate a continuation of the bullish trend while remaining below this level suggests a further decline.
Bullish Scenario: The price needs to break above 2420 to enter an uptrend, with targets at 2429 and 2439.
Bearish Scenario: As long as the price trades below 2420, it is expected to drop towards 2408 and 2397. A break below 2397 would further confirm a bearish trend, potentially reaching 2387.
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