📉 Original View (Bearish Outlook):
Predicts a downward move from around $3,370 to the target near $3,250.
Sharp drop illustrated with zigzag downward arrows.
Yellow arrow highlights growing volume — likely interpreted as early selling pressure.
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🔄 Disruption: Bullish Reversal or Trap Setup
🧠 Problems With Bearish Thesis:
1. Volume Spike Might Indicate Demand:
The yellow arrow highlights a volume surge, but this might be buyer absorption, not selling dominance.
If this volume came during a wick-heavy candle or hammer, it suggests buying interest at lows.
2. No Break of Major Support Yet:
Price is still above $3,350, a key psychological and technical zone.
No clear breakdown has occurred — the downtrend is assumed, not confirmed.
3. Oversold Momentum?
Momentum indicators (not shown) may reveal oversold conditions, making a short-term rebound more probable.
Predicts a downward move from around $3,370 to the target near $3,250.
Sharp drop illustrated with zigzag downward arrows.
Yellow arrow highlights growing volume — likely interpreted as early selling pressure.
---
🔄 Disruption: Bullish Reversal or Trap Setup
🧠 Problems With Bearish Thesis:
1. Volume Spike Might Indicate Demand:
The yellow arrow highlights a volume surge, but this might be buyer absorption, not selling dominance.
If this volume came during a wick-heavy candle or hammer, it suggests buying interest at lows.
2. No Break of Major Support Yet:
Price is still above $3,350, a key psychological and technical zone.
No clear breakdown has occurred — the downtrend is assumed, not confirmed.
3. Oversold Momentum?
Momentum indicators (not shown) may reveal oversold conditions, making a short-term rebound more probable.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.