It broke down and sellers took over. That candle closed clean below the rising support. Traders call this the Descending Triangle. It means sellers just won the squeeze. Lows kept climbing into a flat ceiling until support snapped. Don't jump in before one more red candle confirms it.
Learn this setup step by step: https://thenojoblifestyle.com/web-stories/descending-triangle/
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Not financial advice. Trading involves risk and you can lose money.