
Posteo
H IS FACING A CRITICAL TEST
After an impressive rally, growing profit-taking pressure is beginning to push H back toward a key short-term support zone.
Sellers are becoming more active on every bounce.
Bullish momentum is starting to fade.
Price is now testing an important defensive line for the bulls.
This support level could determine the next short-term move.
If bulls continue to absorb the selling pressure and successfully defend the area, H may regain momentum and prepare for another push higher.
However, if this support breaks, the market could enter a deeper correction as it moves lower to sweep and fill liquidity zones left behind during the recent rally.
Strong rallies rarely move in a straight line.
And right now, H is entering the phase where every candle matters.
Will the bulls hold the line and launch a comeback, or will the bears take control and drag price toward lower liquidity levels?
The answer may be decided right here at this support zone.
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$H
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