$D printed a sharp impulsive spike followed by immediate rejection, and price is now consolidating below the failed breakout zone. The inability to hold above the impulse high and the series of lower highs suggest distribution rather than continuation, keeping selling pressure active and momentum tilted to the downside………………….
As long as price remains below the rejection area and fails to reclaim the breakout base, continuation toward lower support levels remains the higher-probability scenario, with any bounce likely to be sold into………………….
Trade Setup
Entry Range: 0.0164 – 0.0181
Target 1: 0.0150
Target 2: 0.0138
Target 3: 0.0121
Stop Loss (SL): 0.0188
D
0.01713
+29.28%