**Trendline Breakdown:**
A trendline breakdown occurs when the price falls below a rising support trendline, indicating weakening buying momentum and a possible trend reversal. It suggests that sellers are gaining control and further downside movement may follow if the breakdown is supported by increased volume. Traders often look for confirmation through a retest of the broken trendline before taking bearish positions.
INDIGO
#TechnicalViews#FundamentalViews

2 likes

















