Type:
Bullish Rise

Key Levels:
Resistance:
291.70
Pivot:
277.30
Support:
263.15

Preferred Case:
Looking at the H4 chart, my overall bias for ZINC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 291.70, where the 50% Fibonacci line is.

Alternative Scenario:
Price may head back down to retest the pivot at 277.30, where the 50% Fibonacci line is.

Fundamentals:
There are no major news.