Mark my words, friends, this is a textbook rejection. We are witnessing a classic case of momentum exhaustion. After the bounce, the rally attempt has been met with repeated rejections at key resistance, all on dying volume which signals a profound lack of buyer interest. Now, the bearish momentum is exploding to the downside, confirmed by heavy selling volume on these recent red candles. The structure is clean; the sellers are in complete control. This is the phase where smart money shorts the failed rally, leaving retail to hold the bag.
For clear execution:
Entry: 88,200
Target 1: 87,000
Target 2: 84,500
Target 3: 81,000
SL: 91,500
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