Hello Guys, let’s break this down cleanly based on 4H chart, all indicators showing bearish continuetion.

🔍 Current Market Structure

• Trend: Clearly bearish (lower highs + lower lows)

• Price is trading below all major MAs (7, 25, 99) → strong downtrend confirmation

• Supertrend is still red (bearish continuation)

• SAR dots above price → no reversal signal yet

• Bollinger Bands: Price hugging the lower band → selling pressure still dominant

📉 Momentum & Indicators

• MACD: Still below zero → bearish momentum remains

• Histogram slightly flattening → selling pressure slowing, but not reversed

• Volume: Recent red spikes → sell-offs are still being supported

⚠️ Key Levels

• Support:

• 2,074 (recent low wick)

• 2,060 zone (next downside liquidity)

• Resistance:

• 2,125 – 2,190 (MA cluster + previous breakdown area)

• 2,200 – 2,230 (strong rejection zone + Supertrend)

📊 Probable Scenarios

🔴 Bearish Continuation (Higher Probability)

• As long as price stays below ~2,190

• Expect:

• Retest of 2,074

• Possible breakdown toward 2,050 – 2,000

👉 This is the dominant trend scenario

🟡 Short-Term Bounce (Relief Move)

• If price holds above 2,100 zone

• Could see:

• Bounce toward 2,150 – 2,200

• BUT:

• Likely just a pullback to resistance, not a full reversal

🟢 Bullish Reversal (Low Probability for now)

• Needs:

• Strong break above 2,200 – 2,230

• Reclaim of MA25 + Supertrend flip

👉 Only then structure shifts bullish

🧠 Trading Insight (Important)

• Market is in a trend-following phase (not range)

• Best plays:

• Sell rallies, not chase bottoms

• Avoid:

• Blind longs in a downtrend (high risk)

🧭 Summary

• Trend: Bearish

• Momentum: Weak but still down

• Most likely move:

👉 Small bounce → continuation down to test 2,074 or lower