Technical idea on 4h time frame on USDJPY . Testing of trendline

USDJPY 4H Analysis – February 10, 2025
📉 Breakdown Below Trendline – Bearish Outlook
The chart shows that USDJPY has broken below a key ascending trendline, signaling a potential shift in momentum from bullish to bearish.
Price retested the broken trendline and horizontal resistance (152.147 - 153.000) before rejecting lower, confirming the breakdown.
📊 Potential Target: 146.000 - 145.500 Zone
The next key support level is the purple demand zone around 146.000 - 145.500, which aligns with previous price action.
The measured move suggests a 4.52% decline (-6.897 points) from the rejection zone.
📌 Key Levels to Watch:
Resistance: 152.147 - 153.000 (previous support turned resistance).
Support: 146.000 - 145.500 (major demand zone).
⚠️ Bearish Confirmation & Risk Consideration
A daily close below 152.000 could further confirm the downward move.
However, if the price reclaims 153.000, the bearish scenario would be invalidated.
🔍 Conclusion: Current price action suggests a bearish move toward 146.000, but traders should watch for further confirmation before entering short positions. 🚀