The 4‑hour candle slipped under the 0.00182 zone in minutes – a silent alarm.
A bearish FVG still sits above the action, hinting the down‑trend isn’t finished. Read the levels that matter 👇
Price is hugging the ~0.00182 area, RSI is stuck in the single‑digits and the EMA7 sits well below EMA25. The market looks primed to keep selling, but the low‑volume profile point at 0.00678 is now irrelevant – liquidity is evaporating.
If $NFP can stay below the ~0.00191 ceiling, the next target is the ~0.00166 zone. Lose the ~0.00191 level on a 4H close and the bearish read is off the table. Tap $NFP to pull up the chart and see these zones yourself.
My read: the chart is pointing toward a slide into the mid‑0.0016s unless a clean break above 0.0019 forces a reassessment.
Follow me for the next breakdown when the 0.0019 barrier tests the market.
What zone do you think will hold $NFP next – the 0.00166 area or the 0.0019 ceiling? 👇
⚠️ Not financial advice. DYOR.
#NFP #Crypto #BinanceSquare