Consolidating in Major Demand Area, Ready for Next Leg Up?PT Elnusa TbkIDX_DLY:ELSAbukhoriabdulPT Elnusa Tbk (ELSA) is currently consolidating within a healthy ascending channel on the daily chart, hovering directly inside a major demand zone between 680 and 720 while holding firmly above its 20-day EMA (693). The noticeable decline in trading volume below its 20-day average during this pullback indicates seller exhaustion, signalling a low-volume accumulation phase before the next potential leg up. A disciplined entry can be taken within the 680–710 range, with a planned average-down strategy if the price dips more than 5% toward the channel support. A strict cut loss is set below 640 (-10.9% risk) to protect capital upon a structural breakdown, targeting first resistance at the minor supply zone of 785 (+10.5% gain) and a secondary target at 845 (+18.9% gain). Disclaimer: This insight is strictly for technical analysis and educational purposes only, and does not constitute a definitive recommendation to buy or sell. Always practice prudent risk management and position sizing