$B2 BEARISH STRUCTURE IN CONTROL – LOWER TARGETS STILL ACTIVE
$B2 continues to trade below major moving averages, confirming a sustained bearish trend. Price is struggling to reclaim former support near the MA25, signaling weak buyer conviction and continued sell-side pressure. Unless a strong reclaim occurs, the next move favors further downside or consolidation at lower levels.
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TRADE SETUP
Entry Zone: $0.69 – $0.72
Take Profit 1: $0.64
Take Profit 2: $0.57
Take Profit 3: $0.55
Stop Loss: $0.76
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MARKET OUTLOOK
Trend: Bearish (price below MA25 & MA99)
Momentum: Weak, failing to reclaim key resistance
Key Resistance: $0.75 → $0.80
Key Support: $0.64 → $0.57 → $0.55
A decisive break above $0.75 is required to shift momentum. Until then, rallies remain distribution zones, not reversals.
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