$B showing heavy bearish pressure on the 1H timeframe after a sharp rejection from the 0.77 zone.
Short $B
• Entry: 0.4550 – 0.4750
• Stop Loss: 0.5050
Targets:
• TP1: 0.4000
• TP2: 0.3600
• TP3: 0.3200
B is showing a classic distribution breakdown on the 1H timeframe after a sharp rejection from the 0.77 resistance zone.
The recent sell-off came with aggressive volume, signaling that sellers are still controlling momentum.
📉 Current structure favors:
✅ Lower highs
✅ Heavy bearish candles
✅ Weak recovery attempts
✅ Breakdown pressure below key resistance
As long as price remains under 0.50, the market bias stays bearish.
📊 Why This Setup Looks Strong
✔️ Rejection from major resistance
✔️ High sell-side volume confirmation
✔️ Momentum structure broken
✔️ No strong bullish reclaim yet
✔️ Panic selling still active
This type of move often leads to continuation unless buyers reclaim key levels quickly.
Trade $B here
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