$C
– BEARISH STRUCTURE STILL INTACT, SHORT OPPORTUNITY BELOW RESISTANCE
LOWER HIGHS. WEAK REBOUNDS.
$C failed to reclaim the $0.2750–$0.2780 supply zone after repeated rejection. The recent bounce from $0.2687 lacked momentum and was quickly sold off again near $0.2729, forming a clear lower high. Price action remains choppy but tilted to the downside as sellers maintain pressure beneath key resistance.
SHORT ENTRY: $0.2725
TARGETS: $0.2680 / $0.2635
STOP LOSS: $0.2760
Momentum favors continuation of the downtrend unless bulls reclaim $0.2780 with strength.
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