07-04-26 Ordi

I caught the moment of price weakening after failing to break the previous high.
If we look at the early April rally and the recent rally to the $2,500 area, the price failed to make a higher high. This is an early indication that the uptrend is losing steam.
Currently the price is consolidating (sideways) in the entry area.
The delta indicator panel below shows a distribution (many consistent small red bars). However, there hasn't been a significant "explosion" in selling volume to push the price down sharply.
If the price suddenly bounces off $2,330 on high volume, be wary of a potential rapid reversal.