Bearish Sentiment

across the 2-hour, 1-hour, and 30-minute timeframes indicates a bearish trend. A significant observation is the price action within a confluence zone, identified as an Optimal Trade Entry (OTE) on the 30-minute chart, which also aligns with an area of imbalance (Fair Value Gap) on the 1-hour timeframe.

favoring short positions may be considered. Potential entry points could be sought on minor retracements, with prudent stop-loss placement above the identified OTE zone or recent swing highs. The primary objective would be to target the identified sell-side liquidity.

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