Next move

24
Disruption Analysis: Bearish Risk Perspective

1. Sideways Consolidation (Red Box Zone):

The price is consolidating in a tight range between roughly 32.20 and 32.40, showing indecision and potential for either a breakout or breakdown.

Repeated rejections near the top of this box can signal exhaustion of buying pressure.



2. Volume Observation:

There’s no strong volume surge indicating accumulation; volume appears mixed and doesn't strongly support a bullish breakout.

A potential fakeout risk exists if the price spikes above the consolidation range only to fall back in (bull trap).



3. Potential Bearish Breakdown:

If the price breaks below the red box, especially under 32.20, it could trigger stop-losses and initiate a short-term bearish trend.

First downside target: 32.00 psychological level, followed by 31.80 support from previous lows.



4. Wick Rejection on Top:

The recent candles inside the box show long upper wicks — signs of selling pressure at higher levels.

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