After the recent pumps, the price is approaching a supply zone. Since the broader structure remains bearish, sell/short positions can be considered in this area.
A daily candle closing above the invalidation level will invalidate this outlook.
Do not enter the position without capital management and stop setting Comment if you have any questions thank you
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.