$W – Rejected at Resistance, Breakdown Likely Ahead

$W is showing signs of exhaustion near the 0.0676 resistance zone, forming a potential double-top structure. Despite a temporary push upward, the price failed to sustain momentum and is now hovering just below resistance. A rejection here could trigger a move back to lower support zones.

📉 Bearish Trade Setup:

• Entry Zone: 0.0673 – 0.0676

• Take Profit 1: 0.0648

• Take Profit 2: 0.0610

• Stop Loss: 0.0738

Bearish divergence and repeated resistance rejection suggest a potential reversal. Watch for confirmation with a 1H close below 0.0665.

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