Price is reaching a critical area of supply. Last time price was here, the sellers broke the previous low of $1047. $1250 has been a critical selling area the last week or so. I'd look for shorts if price doesn't break AND close above $1250-1260ish on a higher timeframe (1H to 4H). Not sure if there are any bullish fundamentals that support price going higher at the moment. NFA.
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