$C98 Market Update
Trade Type: Short → Bearish Continuation
Entry Area: 0.02580 – 0.02630
Main Resistance: 0.02680 – 0.02750
Targets:
TP1: 0.02520
TP2: 0.02450
TP3: 0.02380
Stop Loss: 0.02780
Market Outlook:
C98 faced rejection near
Resistance Area 0.02750 and continued in
its bearish structure on the 15-minute timeframe.
The price has formed lower highs and lower lows,
indicating ongoing selling pressure.
Weak rebound from support 0.02520
shows a lack of strong buyer interest.
Volume remains moderate, which favors
continuation of the bearish trend below resistance.
As long as the price stays below the
Resistance Area 0.02680, the negative movement
is more likely.
Any pullback to resistance
can be considered a selling opportunity.
A strong breakout above resistance
will invalidate the short setup.
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