$PLAY – Rejection After Strong Push, Momentum Weakening
Price has faced a strong rejection after an upward move, suggesting that bullish momentum is fading and sellers are starting to take control.
SHORT SETUP
Entry: 0.106 – 0.110
Stop Loss: 0.116
Targets
TP1: 0.100
TP2: 0.094
TP3: 0.088
WHY THIS SETUP?
Price failed to sustain higher levels after a strong push, forming rejection candles near resistance. This indicates weakening buying pressure and potential shift toward downside continuation.
If price stays below the entry zone, bearish momentum may extend toward lower support levels.