"🔍 Market structure

• Local trend: it was upward (black trend line), it was broken down

• This means lost momentum for the bulls and a transition into correction/consolidation

• No higher low structure yet → the trend is not rebuilt

⸻

📉 Price vs levels (key zones)

🔴 Support:

• 12.20 – upcoming, very important

• 12.00 – psychological + technical

• 11.74 – last line of defense for the bulls

👉 Going below 12.20 increases the chances of 11.74

🟢 Resistances:

• 12.61 – currently strong resistance (flip S/R)

• 12.95 – local peak

• 13.21 – main target when the trend returns

⸻

📊 Momentum – Stochastic RSI

• Indicator close to the oversold zone

• Possible:

• short technical bounce

• BUT without trend confirmation (no HH/HL)

⚠️ Rebound ≠ trend change

⸻

📌 Scenarios (Highlights)

🟡 Scenario A – corrective reflection

• Weapon price 12.20

• Move up to 12.61

• Perfect place for supply response

👉 If 12.61 is rejected → further consolidation or decline

⸻

🔴 Scenario B – continued decline

• 4H close below 12.20

• Movement towards 12.00 → 11.74

• Only there is reasonable demand

⸻

🟢 Scenario C – bulls return (least likely now)

• Breakout and holding above 12.61

• Structure confirmation (HH + HL)

• Targets: 12.95 → 13.21"

...

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