Today's Reminder (Current Price 432) Night session continued weakness, then
Early session entered technical recovery zone after the decline, but trend has not reversed yet Market Logic: Structure: Bears dominating, rebound nature Sentiment: Recovery after panic release, prone to bull traps
Key Price Levels: Upper Resistance: 438–445 (First selling pressure on rebound) Strong resistance zone: 455 (Before stabilizing here, no talk of reversal) Lower Support: 420 → 405
Execution Strategy: Around 430 - Don't chase longs, don't chase shorts Rebound to resistance zone, then consider short structure If directly breaks below 420, shorts extend with momentum
Today's Reminder (Current Price 432) Night session continued weakness, then
Early session entered technical recovery zone after the decline, but trend has not reversed yet
Market Logic: Structure: Bears dominating, rebound nature
Sentiment: Recovery after panic release, prone to bull traps
Key Price Levels:
Upper Resistance: 438–445 (First selling pressure on rebound)
Strong resistance zone: 455 (Before stabilizing here, no talk of reversal)
Lower Support: 420 → 405
Execution Strategy:
Around 430 - Don't chase longs, don't chase shorts
Rebound to resistance zone, then consider short structure
If directly breaks below 420, shorts extend with momentum