Algo indicates the Idea "SHORT"

3 בדצמ׳ 2024

The chart shows a bearish sentiment with the price currently trading near the red cloud, indicating resistance. Selling momentum have appeared in the recent past, and the price is struggling to break above the cloud. If the market fails to close above the red cloud, further downward movement is likely. Watch for a strong bearish candle to confirm the continuation of the downtrend.