$FIL
The 4H market structure is clearly bearish, with the key EMAs also aligned to the downside. Price was rejected from the supply zone, where strong selling pressure was observed. The Momentum indicator is at 49.0, supporting the current bearish momentum.
๐ Price may initially move toward the first target, while further strengthening of bearish momentum could push the price toward the final target. For risk management, the Stop Loss is placed above the key invalidation level.
ENTRY: 0.70344 - 0.70556
TARGETS: 0.69605 - 0.68336 - 0.66223 - 0.61996
STOP LOSS: 0.76086
#BlackRockCanadaLaunchesBitcoinLinkedETF #SouthKoreaTopCourtProposesCryptoFreeze #TrumpDemandsCompensationFromIran #RobinhoodToOfferCryptoTradingInUK #TSMCJulyRevenueJumps45% $TUT
The 4H market structure is clearly bearish, with the key EMAs also aligned to the downside. Price was rejected from the supply zone, where strong selling pressure was observed. The Momentum indicator is at 49.0, supporting the current bearish momentum.
๐ Price may initially move toward the first target, while further strengthening of bearish momentum could push the price toward the final target. For risk management, the Stop Loss is placed above the key invalidation level.
ENTRY: 0.70344 - 0.70556
TARGETS: 0.69605 - 0.68336 - 0.66223 - 0.61996
STOP LOSS: 0.76086
#BlackRockCanadaLaunchesBitcoinLinkedETF #SouthKoreaTopCourtProposesCryptoFreeze #TrumpDemandsCompensationFromIran #RobinhoodToOfferCryptoTradingInUK #TSMCJulyRevenueJumps45% $TUT