Buying here is most likely fine.
But do not hold and wait for ATHs.
But do not hold and wait for ATHs.
Comment:
~31400 could also cause a bounce, depends on how market participants react.
Trade closed: target reached:
Comment:
Do not buy this, it did bounce but very weak and the attempt to get it back up was absorbed.
Comment:
After rejection things looked bad but now price recovered,
But, this idea shows how the circled region is a strong bounce zone.