Preference:

Price is abiding to the ascending trendline, signifying bullish momentum. We can expect price to bounce from pivot level in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection towards 1st Resistance in line with horizontal resistance.

Alternative Scenario:

Alternatively, price could push down to 1st Support in line with 100% Fibonacci projection and 50% Fibonacci retracement.

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