Analysis Summary: • Daily Chart: Strong uptrend but overbought (RSI 76.73). Potential for a pullback. • 15-Min Chart: Price has lost momentum, MACD is flattening. • 3-Min Chart: Recent price action shows rejection near $2919-$2920 with weakening bullish momentum.
Given the overbought daily RSI, loss of momentum on the lower timeframes, and potential profit-taking, a short trade is the highest-probability setup.
Trade Setup: • Entry: $2915 (Near resistance & rejection area) • Stop Loss (SL): $2923 (Above local highs for protection) • Take Profit (TP): $2899 (2:1 Risk-Reward Ratio)