1️⃣ Trend & Market Structure (SMC)

• Main Trend: Strong downtrend, no signs of reversal yet.
• Break of Structure (BoS): The trend continues to follow a bearish structure.
• Supply Zone (Resistance): $2,180 – $2,220 (POC + EMA200).
• Demand Zone (Support): $1,750 – $1,800 (high liquidity area).

2️⃣ Volume Profile (VPVR)

• POC (Point of Control): ~$2,193 (Strong resistance, price lacks momentum to retest).
• High Volume Node (HVN): $2,180 – $2,250 (Area with significant sell orders).
• Low Volume Node (LVN): ~$1,750 (Losing this level could lead to a deeper drop).

3️⃣ EMA (Exponential Moving Averages)

• EMA200 (Purple): ~$2,258 – Price is still far from it, no reversal signals yet.
• EMA50 (Red): ~$2,188 – Price remains below, indicating a weak trend.
• 🔹 Price needs to break above EMA50 to have a chance to retest EMA200 (~$2,258).
• 🔹 If rejected, a drop back to the support zone of $1,750 – $1,800 is highly likely.

4️⃣ RSI (Relative Strength Index)

• RSI (14): ~39.83, slightly oversold but no clear reversal signals.
• Needs to break above 50 to confirm a recovery momentum.

🎯 Trading Strategy

📉 Short Scenario (Following the Main Trend)

Entry: $2,180 – $2,220 (POC resistance + EMA200).

Stop Loss: $2,250.

Take Profit:

• TP1: $2,000.
• TP2: $1,850.
• TP3: $1,750.

Condition: Price rejection at POC + RSI remains below 50.

📈 Long Scenario (If Price Holds Support)

Entry: $1,750 – $1,800 (Strong support zone from VPVR).

Stop Loss: $1,740.

Take Profit:

• TP1: $1,900.
• TP2: $2,000.
• TP3: $2,180.

Condition: Price holds above the support zone + RSI breaks 45-50.

5️⃣ Conclusion

• Main Trend: Bearish, no reversal signals yet.
• Key Resistance: $2,180 – $2,220.
• Strong Support: $1,750 – $1,800.
• Main Strategy: Prioritize shorting in line with the trend, wait for confirmation to long.

⚠️ Be cautious with entries, avoid catching the bottom when no trend reversal is confirmed! 🚀

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