One of the most visible features on this chart is the ascending channel. Price has been respecting the channel boundaries while creating progressively higher swing points.

The recent consolidation near 4340 is important because the market is now positioned close to previous short-term highs. A break and hold above those highs could shift attention toward the next resistance areas.

Levels to Watch
4300–4305: Key support zone
4320: Near-term support
4360: First upside reference
4380: Next resistance
4420: Major upside reference
4440: Extended resistance
Structure Condition

Above the rising channel → structure remains constructive.

Below the channel → deeper retracement becomes possible.

This chart is based purely on price structure, trendlines and horizontal levels.