What the chart shows:
$NFP
🔹 Trend: Still overall downtrend
• MA(99) = 0.0194 (price below it → bearish structure)
• MA(25) ≈ 0.0172 (price just touching it → short-term resistance)
🔹 Recent move:
• Bounce from 0.0149 low
• Now making small higher lows → short-term recovery attempt
🔹 Order book:
• 61% sellers vs 38% buyers → slight sell pressure
⸻
Key Levels
🟢 Support:
• 0.0165
• 0.0149 (major support)
🔴 Resistance:
• 0.0175 – 0.0180
• 0.0194 (major trend resistance)
⸻
What Next?
Scenario 1 – Bullish (needs breakout)
If price breaks and holds above 0.0178–0.0180,
➡️ Likely move toward 0.0190 – 0.0195
Scenario 2 – Rejection (more likely for now)
If rejected at MA(25):
➡️ Drop back to 0.0165
If that breaks → retest 0.0150
⸻
My Short-Term Bias (4H)
Still slightly bearish to sideways unless 0.018 breaks strongly.
Volume is weak, so breakout needs strong volume confirmation.
