08/05/2026
Bearish Continuation from POI
Current price action looks like a weak pullback, while the overall momentum still favors sellers.
As long as price remains below the marked resistance zone and descending trendline, downside continuation remains highly possible.
Sell Zone: 4720 – 4726
SL: Above 4745
Targets: 4698 → 4680 → 4636
This setup looks like distribution before another bearish expansion lower.
wait for confirmation inside the POI → enter short → follow momentum