🔻 Price is **below MA(99)** = medium-term bearish trend 🔻 MA(7) < MA(25) < MA(99) = confirms **bearish crossover** ✅ However, small recovery has been seen after bounce from **\$102,664** (24h low)
* Recent spike in volume (shown below) indicates **high selling pressure** followed by some recovery. * Volume has declined slightly, suggesting **weak buyer strength** in the recovery.
**4. Candlestick Behavior:**
* Current candlesticks are small and consolidating near **\$104,600-\$104,700** * No strong bullish reversal pattern yet (e.g. engulfing, hammer) ### 🧠 **Trading Signal Suggestion (For Futures)**
* **Entry:** Around \$104,700 - \$105,000 (if price fails to break MA(99)) * **Target:**
* First Target: \$103,000 * Second Target: \$102,700 (previous low) * **Stop Loss:** \$105,900 (just above MA(99))
### ✅ **Confirmation Checklist Before Entry**
| Indicator | Signal | | --------------------------- | ---------------------------------- | | MA Cross | Bearish ✔ | | Volume | Weak Buyers ✔ | | Price Pattern | No bullish structure ✔ | | RSI/MACD (not visible here) | Use to confirm oversold/overbought | ### 🔔 **Next Steps for You:**
1. Watch if price breaks above \$105,900 → then avoid short. 2. If it consolidates and fails below \$105k → Short entry possible. 3. Keep risk management strict (use small leverage or hedge if unsure).