After a sharp impulsive move, price is now forming a clear distribution range with consistent lower highs, indicating weakening bullish momentum. Rejection near the top confirms strong supply, while price is struggling around MA25 — a key short-term resistance. MACD is rolling over with fading bullish histogram, and RSI remains stuck in mid-zone without strength, signaling lack of continuation. Structure favors downside as long as price stays below recent high. Ideal execution is to short relief bounces into resistance zones, managing risk tightly above invalidation.
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