BTC $64,750.00 ▲ 0.96% ETH $1,907.66 ▲ 1.92% USDT $0.9990 ▼ 0.03% BNB $594.70 ▼ 0.82% XRP $1.05 ▼ 1.75% SOL $73.81 ▼ 0.23% DOGE $0.0697 ▼ 0.07% SHIB $0.00000482 ▼ 1.14% PEPE $0.00000284 ▼ 0.72% BTC $64,750.00 ▲ 0.96% ETH $1,907.66 ▲ 1.92% USDT $0.9990 ▼ 0.03% BNB $594.70 ▼ 0.82% XRP $1.05 ▼ 1.75% SOL $73.81 ▼ 0.23% DOGE $0.0697 ▼ 0.07% SHIB $0.00000482 ▼ 1.14% PEPE $0.00000284 ▼ 0.72%
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DeFi Piyasa

Sell to buy

Sell to buy

US Nas 100 OANDA:NAS100USD

Price has broken above the descending trendline, but it is now trading into a key resistance area. Instead of buying immediately, the market may first make a short-term bearish retracement to collect liquidity before continuing higher.

The preferred setup is to sell into the demand zone around 28,400, where buyers previously stepped into the market. This area could provide the fuel for the next bullish move if it holds.

Once price reaches the demand zone, wait patiently for a bullish confirmation, such as a bullish engulfing candle, a strong rejection wick, or a break of market structure on the lower timeframes. Only then should you consider entering a buy position.

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