The key signal is the overlap between fundamental weakness from the news flow and concentrated supply on the order book at the same price zone. The loss announcement after May 11 turns the recent high-volume jump in the daily chart into more of a news-driven repricing than a durable trend. Today's intraday action recovered from 29.3 to 29.84, but the move has low velocity and gets met quickly near the highs. The order book shows clear sell clustering at 29.76, 29.78, and 29.80, while bids are concentrated at 29.68, which is not enough on its own to absorb the overhead supply. Yesterday's repeated attempts around 30.00 followed by a close down at 29.68 indicate that upside probes are running into distribution pressure. Volume over the last two sessions is very large, which points to active ownership transfer and repricing rather than a quiet consolidation. The weekly and monthly structure still sits within a broader up-leg, but the 29.7-29.9 band is now a decisive short-term battleground. Overall, the dominant signal is a news-led rally losing momentum under heavy sell absorption.