Currently at ~65 → Bullish, but nearing overbought levels

📉 Last 5 Candles Breakdown – What Do They Tell Us?
1st Candle (Strong Bullish Breakout Candle) ✅

Large green candle closing well above previous resistance ($2,910).
Breakout confirmed with momentum.
No upper wick, meaning buyers controlled this move.
2nd Candle (Continuation Candle) ✅

Another bullish candle pushing above $2,920.
Slight wick forming, indicating minor selling pressure.
Still a valid continuation, suggesting a bullish move.
3rd Candle (Rejection at $2,921) ⚠️

Upper wick forming, meaning sellers are stepping in.
Buyers failed to push price higher, leading to increased selling pressure.
Warning sign of potential short-term rejection.
4th Candle (Bearish Reversal Signal) 🚨

Red candle rejecting $2,921 and closing near $2,920.
First sign of weakness after the breakout.
Sellers are absorbing buy orders at resistance.
5th Candle (Bearish Confirmation?) 🚨

Red candle with a longer wick, confirming resistance at $2,921.
Price failing to hold $2,920 as support.
Possible short-term pullback incoming.
📊 Breakout Confirmation Checklist:
✅ Price Broke Above $2,920 → Initial Breakout Confirmed
✅ Retest of $2,920 Happened → But Holding is Uncertain
⚠️ Two Consecutive Rejection Candles at $2,921 → Warning Sign
🚨 Bearish Reversal Candle at Resistance → Fakeout Possible

📈 Indicator Confirmation – Is This a Strong Buy Setup?
✔ Fibonacci Retracement:

38.2% Level at $2,910 (Possible Retest Zone)
50% Level at $2,920 (Currently Facing Rejection)
61.8% Level at $2,930 (Major Resistance Target)
✔ 50 EMA & 200 EMA (Trend Confirmation):

Price Above the 50 EMA → Bullish Bias Confirmed ✅
Golden Cross Confirmed → Expecting further upside if $2,920 holds.
✔ RSI (7) (Momentum Confirmation):

Currently at ~65 → Bullish, but nearing overbought levels.
If RSI drops below 60, a pullback is likely.
✔ VWAP (Institutional Price Level):

Price above VWAP → Institutions still supporting the move.
✔ MACD (Momentum Confirmation):

Bullish crossover happened → Uptrend continuation signal confirmed.
🔥 FINAL VERDICT – SHOULD YOU BUY NOW?
📌 NO – Wait for Confirmation Above $2,922 Before Entering.
📌 If Price Closes Below $2,920, Expect a Retest at $2,910 Before Another Move.
📌 If Buyers Hold Above $2,922 With Strong Volume, Enter Long Position.

🚀 Best Entry & Execution Plan
Entry (Breakout Confirmation): $2,922 - $2,923 (Only if price closes above resistance with volume)

Entry (Safer Option - Retest Trade): $2,910 - $2,912 (If rejection happens and we get a retest entry)

Stop-Loss: $2,899 (Below previous liquidity grab)

Take-Profit Targets:

TP1: $2,930 (Immediate breakout target)
TP2: $2,935 - $2,940 (Institutional resistance zone)
TP3: $2,950 (Full bullish extension target)
Risk-Reward Ratio: 3:1

Confidence Level: Moderate (Breakout Needs Final Confirmation Above $2,922)

⚠️ Important Notes:
📌 If Price Closes Below $2,920, Expect Another Rejection & Pullback to $2,910.
📌 If the Next Candle Closes Above $2,922, Expect a Quick Push to $2,930+.
📌 If You’re Aggressive, Enter Now With a Tight SL – If You Want Extra Safety, Wait for Volume Confirmation.

🚀 WAIT FOR FINAL CONFIRMATION – INSTITUTIONS ARE POSITIONING FOR A BIG MOVE! 💰🔥