$S Exhausted Climb: Weak Bounce After Steep Drop...
#S has just attempted a minor bounce after a heavy one-way selloff from the 0.3550 region. But volume remains flat, and candles lack conviction — signaling a likely continuation to the downside if the support cracks again.
📉 SHORT Trade Setup
• Entry Zone: 0.3170 – 0.3200
• TP1: 0.3080
• TP2: 0.2970
• TP3: 0.2840
• Stop Loss: Above 0.3260
Market Insight:
This is a classic bear flag in the making. Price is rejecting attempts to form a meaningful reversal. Any short rally could get sold into, especially if it stalls near 0.3200. A tight stop allows risk control, while the setup offers good potential for trend continuation.