$ADX topping out after a strong rally signs of exhaustion kicking in ⚠️📉
After an extended push up, price is now facing clear rejection at the highs. Momentum is fading and this looks like a potential distribution phase before a pullback.
🔻 SHORT Setup
Entry: 0.0780 – 0.0795
SL: 0.0825
🎯 TP1: 0.0750
🎯 TP2: 0.0720
🎯 TP3: 0.0685
Momentum slowing + rejection at resistance = high probability correction zone.
Don’t chase… let the market come to you.
ADX
0.0784
-0.38%