Weekly:
MFI divergence: Smart money flow pulling back while price pushes up — early warning sign of distribution.
Price touching upper Bollinger Band: Extended move on volatility basis; usually implies reversion risk, especially if paired with divergence.
Daily:
Overbought RSI: Price momentum overstretched.
RSI Bearish Divergence: Momentum slowing while price...
The MACD on the daily chart is nearing a bearish crossover, signaling a potential sell-off. There's a gap from April 22nd aligning with the 50-61.8% Fibonacci retracement zone. Additionally, the gap from May 9th remains to be filled, which coincides with the 100 and 200 EMA levels.
