On the H1 timeframe for USD/JPY, the recent price action reveals a bullish trend with diminishing volume, suggesting potential exhaustion. The price has consolidated near the high of a prior range, testing resistance at 159.969 with lower volume, indicating weakening momentum. A key support level at 159.879 is now forming as the price consolidates between 159.74 and 159.981, with volume spikes during the uptrend losing traction. The current setup shows a potential bearish reversal, as the price closes near the upper end of the consolidation range but fails to sustain higher levels. The sell signal aligns with this setup, targeting…

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