Mukand Limited
Panjang

Simple Price Action Chart ( Observations )

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This chart is a visual case study of how price behaves when historic supply meets structural compression.

📌 Structural Highlights:
⚪ Primary Descending Trendline – Clean and persistent resistance from the top, still unbroken in a meaningful way.
▫️ Secondary Dotted Trendline – Shorter-term descending pressure also in play, giving us a dual resistance dynamic.
🟫 Strong Overhead Supply – Marked in red, this zone has held significance multiple times in the past.
⚪ Active Flip Zone – A broad grey zone showing a role reversal from supply to demand, currently interacting with price again.
📊 Volume Belt:
-Highlighted Yellow Volume Belt at the bottom shows repeated heavy interest.

🧠 Not a call – Just a neutral lens on structural context and how the market respects its own footprints.

Penafian

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