Analyzing the $XAUT /USDT 15-minute chart, I’m observing a sustained bearish trend characterized by a clean series of lower highs and lower lows. The price is currently pinned below the MA(7), MA(25), and MA(99), signaling significant overhead resistance and a distinct lack of buying momentum. We recently touched a 24-hour low of 4,781.24, and the recent red candle engulfing the previous consolidation suggests that the downward pressure is far from exhausted. Until we see a high-volume reclaim of the 4,790 level.

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