$USTC

USTCUSDT

Perp

0.007377

+2.88%

made a strong vertical push and then instantly got rejected from the top, leaving heavy selling pressure behind. After the spike, price failed to hold the highs and started forming lower highs, which tells us momentum is fading. The current bounce looks corrective, not strong, meaning sellers are still active above. As long as price stays below the rejection zone, downside remains the safer direction.

Trade Setup

Short Entry: 0.00815 – 0.00840

Targets: 0.00760 / 0.00720

Stop Loss: 0.00885