$G Losing Momentum After the Pump — Bearish Continuation Setup 📉
After the recent spike, price action is showing clear signs of exhaustion with only a weak bounce from the highs. Sellers are stepping back in, keeping pressure on the downside.
Entry Zone: 0.00390 – 0.00405
Stop Loss: 0.00450
Targets:
0.00370
0.00345
0.00320
As long as price remains below 0.0040, bears are firmly in control and continuation to lower levels looks likely.
After the recent spike, price action is showing clear signs of exhaustion with only a weak bounce from the highs. Sellers are stepping back in, keeping pressure on the downside.
Entry Zone: 0.00390 – 0.00405
Stop Loss: 0.00450
Targets:
0.00370
0.00345
0.00320
As long as price remains below 0.0040, bears are firmly in control and continuation to lower levels looks likely.
