The 4522–4528 area is currently acting as a strong resistance zone.
Recent bullish candles appear to be creating a temporary buying sentiment, potentially attracting early sellers and breakout traders into the market.
However, the repeated rejection from this zone and weak bullish continuation suggest that smart money may be preparing for a stronger bearish move after liquidity is collected.
As long as price remains below this resistance area, the probability of a sharp downside reaction remains high.
Recent bullish candles appear to be creating a temporary buying sentiment, potentially attracting early sellers and breakout traders into the market.
However, the repeated rejection from this zone and weak bullish continuation suggest that smart money may be preparing for a stronger bearish move after liquidity is collected.
As long as price remains below this resistance area, the probability of a sharp downside reaction remains high.
Attached Image (click to enlarge)
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