$RECALL is entering a major shorting zone after an aggressive recovery rally on the 4H timeframe.
Price is now pushing into a previous rejection area near 0.070–0.072, where sellers historically stepped in with strong pressure. Momentum is strong, but the structure is becoming overextended after multiple consecutive expansions without a meaningful pullback.
This is the kind of area where late longs usually get trapped chasing green candles.
Key levels:
Resistance: 0.0720
Support: 0.0645
If rejection confirms here, a deeper cooldown move could follow. A clean breakout above resistance would invalidate the short-term bearish idea.
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