Japan 225 Rebounds Strongly – Can Bulls Extend the Recovery?
Market Structure
The market is recovering from a corrective downtrend. The recent sequence of higher lows and higher highs suggests improving momentum, but confirmation requires a sustained move above nearby resistance.
Key Resistance
First Resistance: 66,300–66,700
This is the nearest supply zone where sellers may attempt to slow the current rally.
Second Resistance: 67,300–67,800
A breakout above this region would strengthen the medium-term bullish outlook.
Key Support
First Support: 65,200–65,500
This area now serves as the first support following the recent breakout.
Second Support: 63,800–64,200
A deeper pullback could find fresh buying interest around this previous accumulation zone.
Market Sentiment
Market sentiment has shifted to cautiously bullish.
Recent buying pressure has improved significantly, but the price is approaching an important resistance zone where volatility could increase. A confirmed breakout would strengthen bullish confidence, while rejection may result in short-term consolidation.
Please share your view below:
Will Japan 225 continue its recovery and break above resistance? Or will sellers regain control near current highs?
More market structure and key level updates will be shared regularly.