Neutral/Negative Catalysts
- Price is trading below a key support zone (below S1), which often invites additional selling pressure.
- No news catalysts in the past week to explain/drive an immediate reversal.
- Elevated implied volatility indicates the market expects instability; upside moves may be harder to sustain.
- Smart-money/tracking signals: hedge funds and insiders show neutral activity (no confirming accumulation trend).