The Dead Cat Bounce at resistance $NAORIS after the expansion failure

Sell $NAORIS

Entry point: 0,0260 - 0,0266

Stop loss: 0,0280

Take profit 1: 0,0238

Take profit 2: 0,0215

Take profit 3: 0,0180

The rise stopped quickly and selling pressure appeared at the first test, indicating that this movement is corrective and not a trend reversal. Momentum is declining again and buyers are not finding acceptance above this area, keeping the downward trend intact.