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Why this setup? Daily trend is bearish. 4H setup is armed for a short. RSI on the 15M is oversold at 31.67, suggesting a potential bounce before the next leg down. The key is the 1H ATR of 0.000118—volatility is low, waiting for a breakout.
Debate: Is this oversold RSI a fake bounce or the calm before the drop?
Selling pressure eased off quickly after the pullback and bids started showing up once price softened. Downside moves aren’t stretching far before getting caught while rebounds are starting to carry better intent. The flow feels like buyers quietly positioning again, which usually opens room for continuation higher if demand stays active.
Pushes higher aren’t holding cleanly and buyers don’t look confident defending the move. Strength keeps getting faded while downside reactions are starting to travel smoother. The flow feels heavy with supply pressing into momentum, which usually favors continuation lower if sellers stay active.
Pushes higher aren’t holding cleanly and buyers don’t look confident defending the move. Strength keeps getting faded while downside reactions are starting to travel smoother. The flow feels heavy with supply pressing into momentum, which usually favors continuation lower if sellers stay active.
Pushes higher aren’t holding cleanly and buyers don’t look confident defending the move. Strength keeps getting faded while downside reactions are starting to travel smoother. The flow feels heavy with supply pressing into momentum, which usually favors continuation lower if sellers stay active.
Why this setup? SHORT setup is live. Price is at the top of the 4H entry zone (31.41-31.75). RSI on lower timeframes is neutral, offering no bullish divergence to counter the move. First target (TP1) is a clean -3.2% drop to 30.55.
Debate: The 1D trend is range-bound. Is this 4H short just a scalp, or the start of a breakdown?
Pushes higher aren’t holding and buyers don’t look comfortable defending gains after rebounds. Strength keeps getting sold into while downside reactions are starting to open up cleaner. The flow feels heavy with supply pressing into momentum, which usually favors continuation lower if sellers stay active.
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