SHORT #ORDIUSDT from $55.411

30m TF. The instrument has formed a local downtrend with a decrease in trading volumes and price maxima along the trend line, which may indicate a manifestation of weakness by buyers. The compression goes to the support level with a few clear touches, followed by the feet of long participants.
I will wait for consolidation near the level and an increase in activity in the glass before the breakdown.
Harmonic PatternsTechnical IndicatorsTrend Analysis

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