On the USD/JPY M15 chart, the recent price action reveals a bearish consolidation phase following a prior uptrend. The last candle closed at 162.303, marking a key low that aligns with the entry level of 162.296. Price has struggled to break above the 162.464 high, which now acts as resistance, while the 162.303 level appears to be a critical support. Lower volume during the recent decline (notably the 1784014200 candle with 481 units) suggests weakening buying pressure, confirming the sell signal's validity. The pair has been in a range-bound pattern since the 162.067 low, with the current setup favoring a…

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