$2Z 1h Eyes Bearish Pressure Ahead

The current 1-hour frame shows a bearish bias building momentum, with downward movement favored unless key resistance is overtaken.

Price action suggests a continuation lower if $2Z slips below roughly 0.11978 with conviction, targeting the 0.110 area next. Any bounce should meet stiff resistance near 0.12830, with the area around 0.13474 acting as a critical rejection zone that keeps sellers in control. Watch for a potential short setup if price fails to hold the 0.12830 level on a retest, ideally confirmed by bearish signals on the lower timeframes. A clear recovery above 0.13474 would be required to shift this outlook bullish. This is only a partial view. For the complete analysis with TP/SL/entry levels and advanced setups,