Price failed to break and hold above 111,000, forming a double top or potential lower high structure. Strong bearish drop from 111,000 to 103,500, showing momentum shift to the downside. Likely stop-hunt or liquidity grab below prior lows , Next move will depend on whether it breaks above 107k (bullish) or drops below 103k (bearish).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.