Show a bearish market structure on the 1-hour chart; resistance was previously encountered near the 4080 level and price pulled back. The price has now dropped below the short-term support near 4040.

If the shorts maintain momentum and that support level cannot be held, the next downside target will be around 4000, where there is a stronger demand zone. Before the bearish trend continues, the price may experience a brief pullback to retest the support level that was previously broken.

Trading suggestion:
Go long near 4030, with targets around 4080-4100.
Short at 4120-4130, with targets around 4060-4050.
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