Market is in a clear downtrend after forming a lower high (SMT area rejection).
Price is currently bouncing from a Demand Zone (≈11–12) but still weak overall Key resistance above: FVG + Supply Zone (≈19–21) → likely sell area.
Major resistance: $$$ Absorption zone (≈25–27). If bounce continues → targets: 19 → 21 → 25. If rejection comes → price can revisit 11 DZ or even sweep lower.
Bias: Short-term bounce, but overall bearish until 21–25 reclaimed.