Will Friday's Sellers Strike Again on Monday?

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Will Friday's Sellers Strike Again on Monday?US Russ 2000OANDA:US2000USDGeOrgeLubarskiDuring Friday's trading session, sellers entered the market with relatively strong intraday momentum around the 3,015 price area. Currently, the price has broken below the 2,975 demand zone, and the short-term intraday momentum is clearly bearish. However, from a broader perspective and on the higher timeframes, the overall market structure remains bullish. It is possible that the current break below the demand zone could turn out to be a false breakdown, with price potentially recovering and moving higher following Monday's market open. However, for me to consider this breakdown a false move, buyers would need to step in with relatively strong momentum and reclaim the area convincingly. For now, any upside movement on the lower timeframes may be viewed as a potential retracement before further downside continuation. I am currently looking for a potential short opportunity from an area that provides a comfortable and well-defined entry with proper risk management. My initial target would be around the 2,950 area. The 2,900 level appears to be a significant area of interest, with the potential for strong buyers to step into the market around that zone.