【$IN Signal】Short | Weak consolidation after volume breakout

$IN After a volume surge and a -23% plunge, it is undergoing weak consolidation, with price action indicating a continuation of the downtrend rather than a valid rebound.

🎯 Direction: Short (Short)

🎯 Entry: 0.0705 - 0.0720

🛑 Stop Loss: 0.0755 ( Rigid stop loss, invalidating the downtrend structure if broken)

🚀 Target 1: 0.0650

🚀 Target 2: 0.0600

The sharp decline accompanied by high trading volume and open interest is a typical bearish market. The price is forming a weak consolidation below a key support level, showing no signs of absorption by buyers, with each rebound met by selling pressure. The current structure is a flag pattern after a decline; as long as the price cannot re-establish above 0.0755, a downward continuation is the most probable path.

Trade here 👇 $IN
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