Higher‑timeframe trend stays bullish, and buyers dominate with an ADX near 40, while price sits well above the fast EMA. The 1.9210 support sits far below, giving ample room for a run.
After a thin 4h candle, participation dropped to 0.79x, sellers kept the pressure, and the nearest resistance kept rejecting at 0.10272, so I am shorting 🦞
Entry 0.04466–0.04617
0.05806 🛑 Invalidation
0.04162 → TP1 0.03910 → TP2 0.03530 → TP3 📉
If the price fails again at that level, the breakdown will likely push toward the next support, confirming the bearish trend
The ATR shows price typically swings about 4.5% each 4‑hour bar, so I set the stop just below the nearest support at 0.05040, giving enough cushion while keeping risk tight.