$BAND Short-term trend â DOWN / CORRECTION PHASE
Why?
Price is below EMA-7 and touching EMA-25
EMA-7 has curved downward
MACD histogram turning red
Lower highs forming after the pump to 0.5098
This is a pullback, not full reversal but still bearish short-term.
As long as price stays above 0.4100, the overall bigger trend remains bullish.
đ MACD & VOLUME
MACD just crossed downward â short-term downtrend
Volume declining â weak buyers â correction continues
Green momentum from previous pump is fading
This confirms slow decline, not pump yet.
â Trend: Short-term downtrend
â Current decline target:
0.4315 â 0.4260 â 0.4100
â Reversal to 0.50 requires:
Break above 0.4450, EMAs flip bullish, MACD green
#PullbackOrBreakout