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$B Breakdown After Rejection: More Dump Coming?
$B is currently showing a clear bearish trend after a strong upward move. The price faced rejection near 0.4870 and is now dropping with strong red candles, indicating selling pressure. It is trading below key moving averages like MA7 and MA25, which signals short-term weakness.
RSI is also low, showing the market is oversold, but there is still no strong buying reaction yet. The price is trying to hold near MA99, which can act as a support zone.
If this level breaks, further downside is possible. A bounce can happen, but confirmation is needed.

Right now, SHORT is the safer option.

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