Price faced strong rejection at the 0.13280 high, forming a double top and now pulling back. Current move aligns with Fibonacci retracement zones, with price reacting near the 50–61.8% zone. MACD histogram is weakening, signaling bearish momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.