$NFP REJECTED AT RESISTANCE – BEARISH PULLBACK IN PLAY 🔥
Entry: 0.00608 – 0.00616 🔥
Target: 0.00590 🚀
Stop Loss: 0.00640 ⚠️
The spike to resistance got smacked down fast — sellers stepped right back in with conviction. This rejection printed a long wick on the 1H, and volume spiked above the 20-period average on the sell-off. As long as price stays below 0.00640, the path of least resistance is lower.
First target at 0.00590 is a clean 3% move from the entry zone. Are you shorting this breakdown or waiting for a retest?
Not financial advice. Always manage your risk.
#NFP #ShortSetup #Bearish #Pullback #Crypto
🔥
Entry: 0.00608 – 0.00616 🔥
Target: 0.00590 🚀
Stop Loss: 0.00640 ⚠️
The spike to resistance got smacked down fast — sellers stepped right back in with conviction. This rejection printed a long wick on the 1H, and volume spiked above the 20-period average on the sell-off. As long as price stays below 0.00640, the path of least resistance is lower.
First target at 0.00590 is a clean 3% move from the entry zone. Are you shorting this breakdown or waiting for a retest?
Not financial advice. Always manage your risk.
#NFP #ShortSetup #Bearish #Pullback #Crypto
🔥