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The price action has demonstrated several tests of the 482.00-483.00 support area, indicating its strength. The recent bounce from this level suggests a possible reversal. Additionally, the EMA(20) is acting as a dynamic support level, further supporting the long entry. A stop loss just below the identified support level allows for a favorable risk/reward ratio of approximately 1:2.

The previous price action shows multiple touches at the support level around 228.00, which indicates strong buyer interest. A bullish reversal pattern has formed, suggesting that buyers are stepping in. The entry level slightly above 228.40 is positioned to take advantage of this momentum while the stop loss at 227.80 limits risk below the support zone. The first target at 229.00 provides a risk/reward ratio of 1:2, and the second target at 229.50 capitalizes on the upward movement.

The price has shown multiple touches around the 265 level, establishing it as a strong support level. The recent breakout above this level indicates bullish momentum. Additionally, the price is trading above the 20 EMA, confirming the upward trend. The risk/reward setup presents a minimum ratio of 1:2, making it favorable for a long entry.