Trump issued new threats on social media, stating that if Iran fails to reach an agreement soon, the U.S. will initiate bombings of critical infrastructure. He warned that should negotiations collapse and the Strait of Hormuz fail to reopen for navigation, the U.S. would "completely destroy" strategic Iranian targets such as power generation facilities, oil wells, and Kharg Island. Simultaneously, approximately 3,500 U.S. troops have arrived in the Middle East with an Amphibious Ready Group, marking a continued military buildup by the U.S. in the Gulf. In response, Iran has adopted a hardline stance, refusing to attend a Pakistan-led negotiation conference and dismissing U.S. demands as illogical. Meanwhile, the Iranian parliament approved levies on traffic through the Strait of Hormuz, demanding payment in local currency, a move that effectively asserts control over this vital global energy chokepoint, further fueling market concerns over supply disruptions. Overall, the situation in the Middle East remains tense, with no signs of de-escalation in the short term.

The H4 chart indicates that Bollinger Bands are narrowing, and moving averages are flattening. Following a MACD golden cross, both lines have returned above the 0 line, indicating that the rebound is ongoing, though a trend reversal could occur at any moment. The RSI stands at 55, placing the market in a neutral/consolidation zone. Based on the daily chart, price action faced resistance after rebounding to the EMA12. A breakout above the EMA12 would likely lead to a rally toward the EMA50 and the Bollinger Middle Band, around 4790 and 4900, respectively. However, failure to break through this level could result in another drop below 4500. The daily RSI reads 39, reflecting prevailing bearish sentiment. Thus, buying at lows is recommended.

Trading direction: Buy

Entry Price: 4370

Target Price: 5000

Stop Loss: 4000

Support: 4225/4100/4000

Resistance: 5000/5100/5600