Next move

13
Bearish Disruption Perspective:

1. Failure to Break Above Supply

Price is struggling near 32.40–32.50, a visible resistance area from prior swing highs.

Repeated rejections here can signal seller strength or profit-taking.


2. Exhaustion Patterns

The price is forming sideways consolidation (highlighted in red).

A failure to break upward from this box and a false breakout wick would suggest buyer exhaustion.


3. Bearish Breakdown Scenario

If price breaks below the red box support (~32.30), this range could flip into resistance.

A clean drop below 32.30 would likely open the path toward 32.00 and potentially 31.80.


4. Volume Spike on Red Candle

Volume on red bars (10.64K) suggests aggressive selling pressure creeping in.

Watch for confirmation if next candles close red with high volume.

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