$FF is exhibiting clear signs of bearish exhaustion after failing to sustain above the key resistance zone at 0.1180–0.1200, where multiple prior highs align with the upper boundary of the rising wedge pattern.
The recent rally has produced a series of lower highs with weakening bullish momentum, long upper wicks on diminishing volume, and a confirmed bearish RSI divergence as price hit new highs while the indicator rolled over.
Price is now breaking below the short-term support at 0.1140 with increasing red volume, signaling the start of a corrective downside move toward the wedge lower trendline and liquidity pools below.
As long as the 0.1180 resistance caps any relief rallies, the bias remains bearish for a deeper pullback.
Trade Setup
Entry Range: 0.1130 – 0.1145
Target 1: 0.1100
Target 2: 0.1070
Target 3: 0.1030
Stop Loss: 0.1190
FF
0.11746
+4.66%
