Analysis of the 5:00 PM Candle.

This candle is the confirmation of the short-term reversal:

🔹️Close below the open ($3,4281): Confirms the control of the sellers.

🔹️Massive Red Volume (2.44M): It is almost identical to the previous green volume. This is a "Sales Climax" or distribution. Large participants sold everything they could to those who bought late at $4.00.

🔹️RSI Drop (63.61): It went from 81.80 to 63.61, which resets the indicator, but the price has already dropped significantly.

🔹️The Minimum Key ($2,6876): The price sought liquidity in this zone. This is now a first-level support.

Long Entries:

First Level (Aggressive)

$3.00 - $3.10

Second Level (Conservative)

$2.65 - $2.75

⚠️This article reflects only a personal analysis and opinions of the author regarding the Cryptocurrency market. It does not constitute financial advice, investment recommendation, or invitation to buy or sell digital assets.