๐ TRADOOR (4H Chart Analysis)
Bias: ๐ด Bearish
The chart remains firmly bearish on the 4H timeframe:
Price has suffered a sharp breakdown from the $0.45โ$0.49 region.
Current price ($0.3799) is trading below MA(7), MA(25), and MA(99).
The large red impulse candle shows strong selling pressure and loss of bullish momentum.
Recent candles indicate consolidation, but there is no confirmed reversal yet.
Volume spiked during the sell-off, suggesting sellers were in control of the move.
Key Levels ๐ป Support: $0.340 โ $0.380
โ ๏ธ Resistance: $0.407 โ $0.451
๐ฏ Trend Reversal Zone: Above $0.45
Post
๐$to
$TRADOOR is still under bearish pressure on the 4H timeframe.
After a strong rejection from the $0.49 area, the market experienced an aggressive sell-off that pushed price below all major moving averages. Although the recent candles show signs of stabilization near $0.38, buyers have yet to demonstrate enough strength to confirm a trend reversal.
For bulls to regain momentum, price must reclaim key resistance levels and break back above the moving averages. Until then, the broader structure favors caution as sellers continue to control the trend.
๐ด Trend: Bearish
๐ Structure: Lower highs and lower lows
โ ๏ธ Watch for confirmation before calling a bottom.
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