Volume 📊
Shows how strong a move really is.
High volume = strong conviction behind the move.
Low volume = weak move, higher chance of fake breakout.
Breakout + high volume = more reliable.

RSI 🔄
Momentum indicator that measures overbought and oversold conditions.
Above 70 = overbought zone.
Below 30 = oversold zone.
Divergence between price and RSI can signal possible reversals.

Moving Average 📈
Shows the average price over a period and helps identify trend direction.
Price above MA = bullish trend.
Price below MA = bearish trend.
MA can also act as dynamic support and resistance.

This creates a clear decision zone.

Price is now compressing between the rising trendline support and the major descending resistance trendline above. When you see this kind of tightening structure near resistance, it usually signals expansion is coming soon.

If buyers manage to break and close above the descending trendline with strength, that would shift short term momentum bullish. In that case, the next upside targets sit around 3.35 first, and if continuation follows, 4.08 becomes a realistic extension level.

However, if price rejects from this resistance area and loses the ascending support trendline, it opens room for a deeper pullback. The first downside target would be around 2.87, and below that the broader channel support near 2.49 becomes the key liquidity zone.

So this is not a random area.
This is a compression zone inside a macro downtrend.

Break up equals momentum shift.
Break down equals continuation of the larger bearish structure.

Support 🟢
A price level where buying pressure is strong enough to stop a decline.
Price often reacts and bounces from this zone.
If support breaks with strong momentum, it can turn into resistance.

Resistance 🔴
A level where selling pressure stops price from moving higher.
Price usually rejects from this area.
If resistance breaks strongly, it can flip into support.

Trendline 📈
A diagonal line connecting higher lows in an uptrend or lower highs in a downtrend.
It shows the direction and strength of the trend.
A clean break of a trendline can signal a potential shift in momentum.