[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  $Trader [@GDXTrader](/creator/twitter/GDXTrader) on x 11.5K followers Created: 2025-07-08 23:16:46 UTC $HL $HL printed a long-range marubozu bearish engulfing candle, signaling aggressive downside momentum as sellers took full control from open to close. This candle not only engulfed the previous X week's price action but also breached the 50-day moving average, closing right at the critical 200-day moving average—an area that often acts as a major battleground between bulls and bears. Price is now sitting on descending support, a level that has held in the past but is increasingly vulnerable. A breakdown below this level would invalidate the current support zone and likely trigger further downside. When a member asked whether today was a good entry, we explained in our post-market technical recap that while the area offers potential support, we’re waiting for confirmation before considering a long. For traders looking to refine their candlestick strategies and understand market psychology at key levels, and what we are looking for here to determine if an entry is valid -> join us at $PAAS $AG $FSM $EXK $CDE $SILV $GATO $MAG $SVM $AUMN $IVPAF $AXU $GLD $XAUUSD #GOLD #XAUUSD $GC  XXX engagements  **Related Topics** [trader](/topic/trader) [momentum](/topic/momentum) [candle](/topic/candle) [bearish](/topic/bearish) [$trader](/topic/$trader) [$hl](/topic/$hl) [Post Link](https://x.com/GDXTrader/status/1942724572425441600)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
$Trader @GDXTrader on x 11.5K followers
Created: 2025-07-08 23:16:46 UTC
$HL
$HL printed a long-range marubozu bearish engulfing candle, signaling aggressive downside momentum as sellers took full control from open to close.
This candle not only engulfed the previous X week's price action but also breached the 50-day moving average, closing right at the critical 200-day moving average—an area that often acts as a major battleground between bulls and bears.
Price is now sitting on descending support, a level that has held in the past but is increasingly vulnerable. A breakdown below this level would invalidate the current support zone and likely trigger further downside.
When a member asked whether today was a good entry, we explained in our post-market technical recap that while the area offers potential support, we’re waiting for confirmation before considering a long. For traders looking to refine their candlestick strategies and understand market psychology at key levels, and what we are looking for here to determine if an entry is valid -> join us at
$PAAS $AG $FSM $EXK $CDE $SILV $GATO $MAG $SVM $AUMN $IVPAF $AXU $GLD $XAUUSD #GOLD #XAUUSD $GC
XXX engagements
