This structure is very clean, and bearish momentum is accumulating. After facing repeated rejections at a key supply zone, the upward momentum has clearly weakened. Pay attention to the trading volume—each rebound's volume is shrinking, which is a typical signal of bullish fatigue, indicating the exhaustion of buying pressure. Currently, the price is forming a lower high, preparing for a new downward trend. This is exactly the entry point that disciplined traders are waiting for.
Entry: 2.0839
Target 1: 1.9952
Target 2: 1.9065
Stop Loss: 2.1430
XRPUSDT
Perp
2.0147
-4.20%
PUMPUSDT
Perp
0.002841
-9.26%
$YALA
YALAUSDT
Perp
0.0266
-10.16%