Price bounced very strongly from the lower channel boundary around 27,000, reclaimed the 28,000 demand zone, and has now rallied to 29,700.

Cautious here as the price is at the upper descending trendline.

Looking for a breakout or rejection at this decision point.

If 30.7k gets accepted above, then the larger expansion toward 31.2k → 32k → 33k becomes much more interesting.