📈 Price is holding above the 0.0487 support area. Selling momentum appears to be slowing after a strong decline. A successful hold above support could trigger a short-term relief bounce toward nearby resistance.
📈 Price faced a strong rejection from 0.977 and continues to form lower highs and lower lows. Bearish momentum remains dominant while trading below the 0.755 resistance zone. A pullback into the entry zone offers a better risk-to-reward short opportunity than chasing the current move.
📉 Clean breakdown from 0.119 → 0.056 No bullish reversal structure yet Current move = consolidation under resistance (bear flag style continuation risk)
📉 Strong downtrend still active Current move = weak relief bounce into resistance Market structure = lower highs, no reversal confirmation Best play = sell rallies, not chasing dumps
📈 Wait for price to hold above the entry zone before adding size. Move stop loss to breakeven after TP1 is reached. Manage risk carefully, especially when using high leverage (50×).