The price is trading above the breakout level of 58.941. It is currently trading below the resistance at 63,410 and attempting to break above it while stabilizing. If successful, it is expected to reach 66,675, after which it will encounter the downtrend barrier. Breaking through this trend could lead the price to 68,756.
About the bearish trend, the price should cross the breakout level.
Correction It will remain available until approximately the breakout level.