Volatility 10 Index (1H) Descending Channel/Bullish MomentumIndex with constant 10% volatility and 3 jumps per hour on averageDERIV:JUMP_10_INDEXSir_Stylez_Price has respected a well-defined descending channel for several sessions before producing a strong impulsive rally from the lower boundary. The recent move has shifted short-term momentum in favor of buyers, but price is now testing a key area of confluence. Technical Outlook The rally has broken above the previous horizontal resistance around 96,450, turning it into potential support. Price has printed another Higher High (HH), confirming bullish market structure on the lower time frame. The current rejection is occurring directly beneath the descending trendline, which has capped price since late June. This trendline is acting as dynamic resistance, making the current area a decisive point for the next move.