This is a price zone that has been rejected many times, strong s

1. Key Supply & Demand Zones

Supply zone (resistance): around 3,680 – 3,700 (blue box). This is a level where price was rejected multiple times, showing strong selling pressure.

Near-term demand (support): around 3,630 – 3,640 (thin red box just below the current price).

Deeper support: around 3,590 – 3,600 (lower red box), where price previously bounced strongly.

2. Possible Scenarios

Bullish scenario (solid blue arrow):
If price holds the 3,630 – 3,640 support → it may rebound and retest the resistance at 3,670 – 3,690. A strong breakout above 3,700 would confirm continuation to the upside.

Bearish scenario (dotted blue arrow):
If price breaks below 3,630 → it could fall toward 3,590 – 3,600. This is a stronger demand zone where new buying pressure may appear.

3. Trading Notes

On H1, the main trend is still sideways – ranging between 3,590 and 3,700.

Short-term setups could be:

Buy around 3,630 – 3,640 (SL below 3,625, TP 3,670 – 3,690).

Sell around 3,680 – 3,690 (SL above 3,705, TP back to 3,640).

For clear breakouts (high volume, strong candles):

Above 3,700 → bullish bias.

Below 3,590 → bearish bias.