⚠️ Disruption of the Bullish Analysis:
1. Weak Support Zone
The highlighted support area is not strongly tested (only a couple of candles touch it).
Low volume around support may indicate lack of buying interest at that level.
If price breaks below this support, the bullish setup becomes invalid.
2. Bearish Volume Spike
There's a noticeable high volume red candle during the recent drop.
This could imply strong selling pressure, not just profit-taking.
Rising volume on red candles often precedes further downside.
3. Lower High Formation
The price may create a lower high near the projected bounce zone.
If that happens, the market structure would shift to bearish.
A lower high and a break below support confirms a downtrend.
1. Weak Support Zone
The highlighted support area is not strongly tested (only a couple of candles touch it).
Low volume around support may indicate lack of buying interest at that level.
If price breaks below this support, the bullish setup becomes invalid.
2. Bearish Volume Spike
There's a noticeable high volume red candle during the recent drop.
This could imply strong selling pressure, not just profit-taking.
Rising volume on red candles often precedes further downside.
3. Lower High Formation
The price may create a lower high near the projected bounce zone.
If that happens, the market structure would shift to bearish.
A lower high and a break below support confirms a downtrend.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
