COTTON: Potential Sell from Resistance Zone

COTTON is nearing a significant resistance level that has previously acted as a ceiling for bullish momentum. The current upward move into this zone suggests potential selling opportunities if rejection signals appear.

If bearish patterns such as long upper wicks or bearish engulfing candles emerge, I anticipate a move toward 6,818.0. Traders should wait for clear confirmation before initiating short positions. If you have anything to add or a different perspective, I’d love to hear from you in the comments!