fibonaccirejection

$OPEN /USDT BEARISH PULLBACK – SHORT ENTRY AFTER FAILED RECOVERY

$OPEN /USDT shows signs of weakness on the 1D chart after a sharp drop and a shallow bounce. Price failed to reclaim key Fibonacci zones, with rejection near 38.2% and declining volume. This setup favors a bearish continuation toward lower support levels.

SHORT ENTRY ZONE: Below 1.1400
TARGETS:
• TP1: 1.0500
• TP2: 0.9800
• TP3: 0.9040

STOP LOSS: Above 1.1673

Risk Management: Cap risk at 2% per trade. Use tight SL and scale out profits. Avoid holding through high volatility without confirmation.

#BearishSetup #CryptoTA #FibonacciRejection #AltcoinAnalysis #VolumeFade
$OPEN