$XAUT is trading near a pressure area where weak bounces often get sold quickly.

$XAUT is stuck below resistance, and that keeps sellers slightly in control.

Setup SHORT $XAUT (max 10x)

🎯 Entry: 4507 - 4561

🛑 SL: 4581

✅ TP1: 4462

✅ TP2: 4398

✅ TP3: 4335

• Crispy English Roast Potatoes.

• China’s luxury EV push takes aim at Rolls-Royce and Mercedes at a fraction of the price (BMWKY:OTCMKTS) - Seeking Alpha

Would you fade the bounce on $XAUT, or wait for the breakdown?

Trade $XAUT here 👇

#XAUT #MarketStructure #TradingSetup