$H 🚨 SHORT SETUP 🚨

Entry Zone: 0.5680 – 0.5820

🎯 Targets: • 0.5300
• 0.4850
• 0.4400
• 0.3900 Final Target

Stop Loss: 0.6120

Why This Setup?

• Price is up more than 130%+ in a very short period.
• Momentum is slowing and forming a range near local highs.
• Buyers are struggling to push through the 0.60 – 0.61 resistance zone.
• Extended rallies often attract profit-taking and liquidity hunts.
• Risk-to-reward favors a short position while resistance remains intact.

Key Level

🔴 0.6110

This is the invalidation zone.

If price closes and sustains above 0.6110, the short thesis is wrong and it's better to step aside.

If resistance continues holding, a deeper correction toward lower support zones becomes increasingly likely.

Trading Plan

✅ Shorting into resistance.
✅ No chasing after large green candles.
✅ Respecting stop loss above 0.6110.
✅ Holding for targets while the structure remains below resistance.

The trend has been extremely strong, but parabolic moves rarely continue forever without meaningful pullbacks. Risk management comes first.

Bias: Bearish below 0.6110. Looking for a correction after the massive rally. 📉🔥

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