Friends, remember my words, this structure is showing signs of fatigue.
After the initial strong rise, we see that the bullish momentum is obviously weakening. Notice that each attempt to break upwards is accompanied by shrinking volume, which is a typical exhaustion signal. The price has been repeatedly blocked in the supply zone at $36.7, indicating significant bearish pressure. The price is currently testing short-term support, and if it breaks down, the downside potential will open up. Disciplined entry, patience is the virtue of trading.
Entry: 35.5
Target 1: 33.5
Target 2: 31.0
Stop Loss: 37.5
COMPUSDT
Perp
31.3
+3.02%
$BEAT
BEATUSDT
Perp
1.713
-5.87%
GIGGLEUSDT
Perp
92.09
+0.92%