$HEI SHORT SETUP 📉
🔴 Entry Zone: 0.1750 – 0.1800
🎯 TP: 0.1600
🛑 SL: 0.1865
My Thoughts:
The order book depth reveals an explicitly bearish market structure as sellers lock down the immediate overhead territory. Massive resistance has formed a rigid ceiling just above current prices, spearheaded by a major 285K sell block at 0.18500 and backed up by another heavy cluster of 182K at 0.18000. This aggressive wall of ask liquidity is shutting down any upward momentum. With sellers maintaining a tight grip on these key resistance levels and immediate buying support looking thin until the major liquidity pool at 0.16000 (134K), treating localized relief bounces into the entry zone as a short opportunity offers a high-probability continuation drop toward the 0.16000 target area.
