The dip got absorbed quickly and sellers couldn’t push through this base, showing corrective action rather than distribution. Momentum is stabilizing and bids are defending structure — upside continuation remains intact.
Buyers defending support, sell pressure failing to break through.
Entry: 69 – 71 SL: 66.5 TPs: 72.8 / 75 / 77
The pullback stalled fast and bids came in, showing absorption rather than distribution. Momentum is stabilizing and structure remains bullish while this support holds.
The flush failed to get continuation and sell pressure dried up quickly. That reaction looks like absorption, not distribution. Structure remains constructive as long as this base holds.
Sellers couldn’t extend the pullback and bids showed up fast. Downside momentum failed and structure remains constructive. Holding this zone keeps the upside in play.
The push higher failed to stick and selling pressure showed up immediately. This looks corrective, not a trend shift. Bias stays short while price remains capped here.
The push higher stalled quickly and sellers stepped in immediately, confirming supply is still active at this level. Upside follow-through is missing and momentum is rolling over again. As long as this zone caps price, structure continues to favor downside continuation.