On the H1 chart of JP225 the recent swing from the low‑67000s to the 68800s has formed a classic higher‑low, higher‑high structure. The 2026‑07‑09 to 13 session shows a tightening range after the 68813 peak, with successive candles closing above the 68600 level and the average volume declining from ~7k to under 2k, indicating reduced selling pressure and a consolidation phase that favors a long bias. Support around 67000 has held firm, while the 68800 zone now acts as the next resistance. A break above the recent highs, confirmed by modest volume resurgence, would target the 68800 area, making the…

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