$H Trading Well Below 200 EMA As Sellers Maintain Control
Trade Setup: Short
Entry Zone: 0.0840 – 0.0870
TP1: 0.0800
TP2: 0.0750
TP3: 0.0720
SL: 0.0915
Price remains significantly below the 200 EMA (0.1203) after a sharp breakdown from the 0.1618 local high. Despite a small relief bounce from the 0.0720 low, the overall structure continues to show lower highs and lower lows, indicating that sellers remain in control. The current recovery appears corrective rather than trend-changing, and failure to reclaim key resistance levels could lead to another leg lower toward recent support zones.