🔴 *$STG /USDT – Resistance Rejection Short*
Strong rally → now stalling at resistance = classic “sell the news” zone. Rejection wicks + no follow-through = shorts have edge.
*Entry Zone*: 0.1760 – 0.1780 → 0.1770 avg
*Targets*:
- 🎯 TP1: 0.1720 → ∼2.26-3.37%
- 🎯 TP2: 0.1680 → ∼4.52-5.62%
- 🎯 TP3: 0.1620 → ∼7.91-9.0%
*Stop Loss*: 0.1825 🛑
*Why this setup works*:
- *Rejection near resistance*: Strong rally needs rest. If price can’t break and hold above 0.1780, trapped longs become exit liquidity.
- *No follow-through*: Rally momentum fades = buyers exhausted. That’s when reversal starts.
- *Risk defined*: 0.1770 → 0.1825 SL = 3.1% stop. Tight vs TP3 9% = 2.9:1 R:R.
- *Structure shift*: If 0.1760 fails, support flips to resistance and TP2 0.1680 opens fast.
*Key level*: 0.1825 is the line. Close above + 1h candle = “rejection” thesis dead, squeeze to 0.186-0.190. Hold under 0.1760 = TP1 0.1720 snaps, TP3 0.1620 next.
*STG short reality check*:
1. *Rallies can extend*: “Signs of rejection” ≠ confirmed. Need 15m/1h close under 0.1760 to confirm sellers took control.
2. *Wick risk*: Strong rally means stops are stacked above 0.1825. One wick can hunt SL before dumping.
3. *Scale plan*: TP1 at ∼3% → take 40% off + move SL to 0.1770 entry. Now it’s a risk-free short to TP3.
You’re selling strength, not chasing weakness. Higher probability if 0.1760-0.1780 was previous support flipped resistance.
⚠️ Not financial advice. STG volatile after rallies. SL strict.
💬 You shorting STG at 0.177 now, or waiting for a wick to 0.1780 to get better entry into resistance? And you taking TP1 quick or holding for 9% at TP3 if rejection confirms?