$EWY – Sideways distribution near highs, breakdown starting to form

Trading Plan Short $EWY (max 10x)

Entry: 134.5 - 137.0

SL: 141.5

TP1: 130.0

TP2: 125.0

TP3: 120.5

Price has been consolidating near the top after a strong move but is now showing signs of weakness. The structure is turning into a distribution phase with lower highs forming and selling pressure increasing. When price fails to hold above key levels after ranging at highs, it often leads to a sharper move down as sellers take control.

Trade $EWY here 👇

EWYUSDT

Διην.

146.41

-0.32%