⚠️ $4
Signs of imminent weakness in the upward trend
The currency is facing increasing selling pressure after a wave of rise, with a clear rejection appearing at the peaks, indicating a high probability of a swift decline if the price continues to hold below the current resistance.
📉 Trading plan (Short):
Entry area: 0.0146 – 0.0150
Stop loss: 0.0159
Targets:
First target: 0.0140
Second target: 0.0132
Third target: 0.0122
🔻 Technical analysis:
The decline in upward momentum and the appearance of rejection at higher levels reflect buyer weakness and potential seller dominance. Holding below this area may lead to a rapid drop toward the specified correction targets.
📌 Summary:
Caution is required — breaking this area may open the way for a swift decline toward the target levels.
👇🏻 Trade from here: