✅ HTF(4 hours/daily chart ) perspective summary

🔹 Break of the upward trend line

The major upward trend line that has continued since April 9th has clearly been broken.

After the breakout, a technical rebound is occurring around Fibonacci 0.236 ( at approximately 103,095).

🔹 Resistance Basis

Resistance is expected around the current downtrend line and horizontal support level 104~106K.

In particular, it is a level that has been resisted more than 4 times on a daily basis, and it is a range where selling pressure can be sufficiently introduced.

🔹 Strengthening the basis for HTF resistance

The upper cloud band on the 4-hour chart, 100EMA, all exist above the current candle.

Forming a technically sell-side dominant environment.