🛑 Guys I have a new short setup loading on $C right now and I want to walk you through the full story because this chart is one of the cleanest setups I have seen this week
this coin has been bleeding for days and the 1H chart is telling me the pain is not over yet
here is exactly what I see step by step
1️⃣ the setup — $C pumped all the way to 0.08170 then started making lower highs every single bounce — from 0.10000 down to 0.09000 down to 0.08000 and now sitting at 0.06903 — this is not a healthy pullback this is a coin in full distribution mode with no real buyers stepping in at any level
2️⃣ the EMA story — every time price tries to recover it gets rejected at the EMA from above — the moving averages are stacked bearish on the 1H — price is trading below all of them and every bounce into the EMA gets sold immediately — that is the definition of a downtrend in full control
3️⃣ the resistance and target levels — the chart has three clear levels marked — 0.07601 is the resistance zone where any bounce gets sold — 0.07074 is the mid level — and 0.06903 is where price sits right now already breaking below key support — the blue arrow is pointing directly at 0.05576 as the next clean target and there is nothing on this chart stopping it from getting there
4️⃣ why this makes sense — 438 million C tokens moved with only 33.26M USDT volume — thin liquidity on a coin already down 11% today means the sellers are in complete control and buyers cannot absorb the pressure — the pink resistance box between 0.06903 and 0.07601 is now a ceiling not a floor
Entry: 0.06903
⚡ Leverage: 20x
🎯 TP1: 0.06600 — previous structure support
🎯 TP2: 0.06200 — liquidity gap below current range
🎯 TP3: 0.05800 — demand zone retest
🎯 TP4: 0.05576 — chart target zone
🛑 SL: 0.07601 — resistance box breakdown level
move SL to entry after TP1
are you ready for this short or still watching from the sidelines 🎯