Yesterday’s price action gave a clear bearish move from the 24,580–24,600 area.
After the initial fall, price reached around 24,450 and then started consolidating instead of continuing immediately lower.
That is where many traders make a mistake — they see the first move, enter late, and then get trapped when the market pauses.
For a short setup like this, the important levels are:
🔴 Resistance: 24,600–24,610
🟢 First support: ~24,450
🟢 Next supports: ~24,375 and 24,300
If price remains below the resistance zone, sellers still have an advantage. But if price reclaims that zone, the bearish view needs to be reconsidered.
The trade is not the signal.
The trade is the entire process — entry, risk, patience and exit.
After the initial fall, price reached around 24,450 and then started consolidating instead of continuing immediately lower.
That is where many traders make a mistake — they see the first move, enter late, and then get trapped when the market pauses.
For a short setup like this, the important levels are:
🔴 Resistance: 24,600–24,610
🟢 First support: ~24,450
🟢 Next supports: ~24,375 and 24,300
If price remains below the resistance zone, sellers still have an advantage. But if price reclaims that zone, the bearish view needs to be reconsidered.
The trade is not the signal.
The trade is the entire process — entry, risk, patience and exit.
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