Probability of Drop: 80% (High Confidence Short Setup)

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๐Ÿ“Œ Probability of Drop: 80% (High Confidence Short Setup)

๐Ÿ“Š Key Observations from Chart
Current Price: $2,933.455
Major Resistance: $2,940.010 (Strong institutional selling zone)
Bearish Rejection: Price stalling near resistance, unable to break higher
RSI Overbought: Momentum weakening, possible reversal
MACD Bearish Divergence: Suggests downside pressure incoming
๐Ÿ“Œ Institutions are likely distributing here, setting up a strong short trade.

๐Ÿ“‰ High-Probability SELL Setup
๐Ÿ“Œ Sell Entry: $2,933 - $2,935
๐Ÿ“Œ Stop-Loss (SL): $2,941 (Above liquidity zone)
๐Ÿ“Œ Take-Profit (TP):

TP1: $2,925 (Scalp Target)
TP2: $2,920 (Institutional Support)
Maximum TP: $2,915 (Extended Target)
๐Ÿ“Œ Risk-Reward Ratio: 4:1 โ€“ Strong Setup

โšก Execution Plan
โœ… SELL NOW if price rejects $2,933 - $2,935 and fails to break higher.
โœ… Monitor order flow: If price struggles at $2,935, it confirms downside momentum.
โœ… If RSI drops below 50 and MACD weakens, hold for $2,920 - $2,915.

๐Ÿš€ FINAL VERDICT โ€“ SELL NOW at $2,933 - $2,935 for a drop toward $2,920 - $2,915!

Penafian

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