The market supports a bullish scenario as long as key levels remain protected. The current move indicates growing buyer activity and potential for further upside.
The market once again delivered a clean technical move. The position quickly moved into profit territory. Another successful trade according to the plan.
Sellers are gradually taking control of the market. ⚠️ PRICE CANNOT CONCENTRATE ABOVE KEY SUPPORT ZONE. 📊 Selling volume is starting to increase, which may strengthen the bearish momentum.
📈 While most are arguing about the direction, the market is already starting to leave clues. Price just pushed into a key supply zone after a recovery, and volume is already starting to drop off.
Momentum on chart is showing bearish — the first sign that the move is losing steam.
Are you shorting this rejection or waiting for a breakdown confirmation?
The price showed weakness near the key resistance level. The short entry was made with the expectation of a further decline. This rebound has advanced into a zone where seller protection may begin to strengthen.