Neutral/Negative Catalysts
- Clear bearish trend structure (SMA stack) + worsening MACD suggests downside momentum is still in control.
- Price trading below S1 and pivot increases likelihood that rebounds get sold into resistance (1.547–1.624 zone).
- No news in the recent week → no obvious event-driven catalyst to change sentiment quickly.
- Similar-candlestick forward stats lean negative over 1-week/1-month horizons.
- Congress/influential trading: no recent congress trading data available (no signal of conviction buying from that channel).