Market next move

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Bearish Disruption Scenario

1. Resistance Zone Holding (Red Box):

The current price is testing a strong resistance zone (highlighted in red).

There’s a chance that this level won't be broken easily due to historical supply or institutional sell orders.



2. Volume Spike Warning:

The recent green volume bars show increased buying, but this could signal buyer exhaustion if no significant breakout follows.



3. Fake Breakout Potential:

Price may perform a false breakout above the resistance, trapping late buyers before reversing down sharply.



4. Bearish Candlestick Confirmation:

If the next few candles form a reversal pattern (like a bearish engulfing or shooting star), it would support a short-term correction or drop.



5. Macro & News Risk:

Note the upcoming economic events (flag icons). U.S. or Japan economic data could disrupt the technical setup.

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