Best Buying Areas for the STOXX 50 Index on the 4-Hour Timeframe

The STOXX 50 Index is moving in a clear sideways trend on the daily timeframe

and the hourly timeframe, focusing on daily demand zones at 5322.

The index has also managed to form new overlapping demand zones

on the 4-hour timeframe, located at 5302.71,

which are considered one of the best buy zones currently on the index.

If the specified demand zones are reached,

 it is expected to rise to the targets shown at 5345 and 5400, respectively.

The analysis fails to break and close the 4-hour candle below the demand zones,

specifically, closing below the 5276 level.