$FORM
Price formed a lower high after rejection from 0.2745, confirming bearish market structure shift.
EMAs (9/21/50) are now acting as dynamic resistance with price trading below them.
Weak bounces show lack of bullish momentum; likely continuation downward.
Minor liquidity taken above mid-range, now targeting equal lows near 0.247–0.242 zone.
Entry: 0.2580 – 0.2620
Stop Loss: 0.2675
Take Profit:
TP1: 0.2545
TP2: 0.2475
TP3: 0.2425
Confirmation: Bearish continuation as long as price stays below 0.262–0.267 resistance zone.
#CFTCWillUseAItoReviewCryptoRegistrations #LayerZeroBacksDeFiUnitedWithOver10000ETH #FedRatesUnchanged $MEGA $VIC
Price formed a lower high after rejection from 0.2745, confirming bearish market structure shift.
EMAs (9/21/50) are now acting as dynamic resistance with price trading below them.
Weak bounces show lack of bullish momentum; likely continuation downward.
Minor liquidity taken above mid-range, now targeting equal lows near 0.247–0.242 zone.
Entry: 0.2580 – 0.2620
Stop Loss: 0.2675
Take Profit:
TP1: 0.2545
TP2: 0.2475
TP3: 0.2425
Confirmation: Bearish continuation as long as price stays below 0.262–0.267 resistance zone.
#CFTCWillUseAItoReviewCryptoRegistrations #LayerZeroBacksDeFiUnitedWithOver10000ETH #FedRatesUnchanged $MEGA $VIC