🚨$TRADOOR trendline snapped😱
Wait for confirmation before jumping in.😬🚨
What just happened?
Price has lost the ascending trendline that was holding the uptrend for a long time. This trendline was respected multiple times (highlighted circles), acting as strong dynamic support.
Key observation:
Clean break & close below trendline
Strong bearish candle (–10% move)
Indicates trend exhaustion and momentum shift
Important levels to watch:
1.80 → current rejection zone
1.60 – 1.55 → next support
1.40 – 1.30 → major demand zone if selling continues
Trade idea (educational):
❌ Avoid longs until price reclaims trendline
✅ Shorts / sells favored on pullbacks below 1.80
Confirmation comes from rejection + volume
$TRADOOR
#tradoor