On the GOOGLE H1 chart the recent price action has carved a descending channel, with the last swing low forming near 345.3. The candle at 2026‑06‑23 19:00 UTC opened at 345.30, closed near the low of the channel, and was accompanied by modest volume, indicating a lack of aggressive selling pressure. Earlier higher highs around 357‑362 have left a clear resistance zone, while the 345‑340 area now acts as a new support base, reinforced by the contraction in volume on the decline. Given the price’s bounce off this support and the diminishing downside momentum, a bullish reversal is plausible. The…

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