$B is currently encountering significant resistance once again. The price action at these levels appears heavy, indicating strong selling pressure. 📉
**Trading Plan: SHORT $B**
Entry: 0.168 – 0.172
SL: 0.18
TP1: 0.158
TP2: 0.145
TP3: 0.131
The recent upward movement seems more like a short squeeze rather than genuine buying strength. Despite attempts by buyers to push higher, follow-through remains absent, with momentum quickly fading after each price spike. 💡
We observe highs being consistently sold into, preventing clean expansion. Should a lower high confirm at this resistance, a swift downside rotation is anticipated as long positions may begin to exit. 📉
Trade $B here 👇
BUSDT