RSI sitting at 40.3 on the hourly confirms weakening momentum while EMA34 hovers above price as dynamic resistance. The divergence with EMA89 adds structural conviction to a short bias, estimated at 70% confidence. The defined targets give a favorable risk-to-reward of roughly 1:3 if the momentum shift follows through.
Price is rejecting from a key order block on the 4H — are you shorting here or waiting for a retest of the entry zone?
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