Fibonacci Level: 16,500 (23.6% Fibonacci retracement of the 2022-2023 rally) Trend Line: 16,400 (the lower end of the ascending trend channel) Psychological Level: 16,300 (a significant round number) Resistance Levels:
Fibonacci Level: 17,100 (61.8% Fibonacci retracement of the 2022-2023 rally) Trend Line: 17,200 (the upper end of the ascending trend channel) Psychological Level: 17,300 (another significant round number)