$OL 1h Eyes Pullback and Resistance Test
The short-term momentum leans bearish despite fleeting bullish hints, setting the stage for another potential down leg.
Price is expected to revisit support between 0.01887 and 0.01838 if resistance around 0.01995–0.02016 holds firm. A bearish rejection near that resistance could trigger a decline toward the demand zone. Alternatively, a swift bounce off 0.01838 may offer a quick long scalp targeting the resistance area, but confirmation is key before considering longs. The bias remains bearish unless price convincingly breaks and closes above 0.02016 with strong momentum. This analysis is trimmed. To see the full version with TP/SL/entry ladder and more depth, go through the Finora Telegram bot below.
⚠️ This is an AI analysis and not financial advice.
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