Trade Logic:
- Weekly resistance: Price approaches the 30,770–30,800 resistance zone.
This is the area where sellers could potentially become active.
- RSI Bearish Divergence
Price is pushing toward/new highs while RSI is failing.
This indicates momentum is weakening relative to price.
Can Expect Reversal from here.
- Weekly resistance: Price approaches the 30,770–30,800 resistance zone.
This is the area where sellers could potentially become active.
- RSI Bearish Divergence
Price is pushing toward/new highs while RSI is failing.
This indicates momentum is weakening relative to price.
Can Expect Reversal from here.
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