The chart shows a downward trend with lower highs, suggesting a bearish sentiment. ๐ Support & Resistance
Clear resistance levels formed, indicating difficulty in price rising past certain points. A support level seems to be tested; a break below could signal further declines. ๐ Volume Analysis
Spikes in volume accompany price drops, possibly a sign of strong selling pressure. ๐ Fibonacci Retracement
Price nearing a key Fibonacci level, often a reversal zone. ๐ก Candlestick Patterns
Recent candles lack significant wicks, showing decisive moves with little indecision. โ๏ธ Market Sentiment