NIFTY Nearing Long-Term Resistance | RSI Divergence + Volume Anc

📌 Chart: NIFTY – Monthly TF

I'm observing 3 major signals that could define the next few months for NIFTY:

1️⃣ Price Stretched Far from Anchored Averages (AVs):
Price is trading significantly above all major anchored levels — showing trend strength, but also a high risk of reversion if momentum weakens.

2️⃣ RSI Bearish Divergence Developing:
While NIFTY approaches the 26,000 zone, monthly RSI is diverging — a classic sign of slowing upside strength, often seen at major cycle tops.

3️⃣ Anchored Volume Node at ~17,788:
High volume accumulation took place here before the current rally. If correction begins, this level could act as structural support or a re-entry base.

⏳ My Conclusion:
We may be in the final leg of the current bullish run. 26,000 is a key psychological + technical level. I'm watching for exhaustion signs in July. If divergence plays out, a retest of AVs or volume anchor around 17,788 is not unlikely.

📉 Long-term caution with a plan to hedge or rotate into defensive themes may be wise.

💬 Would love to hear your thoughts — is this the early sign of a cycle top, or just another pause?