Reasons for bearishness: 1: Technical indicators are extremely overbought and momentum is exhausted 2: Price structure is fragile and lacks fundamental support 3: Market structure shows large sell-off pressure
This situation clearly indicates a bearish trend; this level is unstable.
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YALA suddenly surging? I continue to be bearish.
Reasons for bearishness:
1: Technical indicators are extremely overbought and momentum is exhausted
2: Price structure is fragile and lacks fundamental support
3: Market structure shows large sell-off pressure
This situation clearly indicates a bearish trend; this level is unstable.