GER40 | Pullback From High – Retesting Recent Breakout Area

Price recently printed a new high at 24,336.23 and is now pulling back. It's currently hovering around the 24,104.39 zone — a minor price shelf that formed before the final push upward. This level is being retested and may act as a pivot for the next move.

Support at: 24,104.39 🔽 | 23,900.00 🔽
Resistance at: 24,336.23 🔼

🔎 Bias:
🔼 Bullish: If price holds above 24,104.39 and shows bullish candles, a move back toward 24,336.23 could follow. A breakout beyond that high would signal continuation.
🔽 Bearish: A drop below 24,104.39 — especially with momentum — could push price back to the 23,900.00 level, and potentially deeper.

📛 Disclaimer: This is not financial advice. Trade at your own risk.