Market next move ❗ Disrupted Market Outlook:
⚠️ False Breakout Risk:
The recent "Breakout" above previous highs may be a bull trap. Although price surged, the follow-up candles are showing lower highs, suggesting weakening bullish momentum.
📉 Bearish Divergence (not shown but likely):
Based on the price action, there's a potential bearish divergence with RSI/MACD (if overlaid), as price makes higher highs while momentum likely weakens.
🔄 Resistance Reversal Zone:
The area labeled as "Support area" at the top (near $67.50) is actually acting as resistance again — the market is failing to hold above this level.
🔁 Retest Failure:
After the breakout, price failed to establish strong support and is consolidating below the highs, hinting at a potential breakdown below $66.
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🔻 Disruption Path:
1. Drop to $66.00 - immediate pullback from failed breakout.
