$SUPER – Rejection at resistance, extension losing strength

Trading Plan Short $SUPER

Entry: 0.1440 – 0.1490

SL: 0.1565

TP: 0.1380

TP: 0.1290

TP: 0.1200

Price pushed into the 0.1538 resistance zone after a massive vertical move but was met with immediate rejection. The 4H structure is clearly overextended, and the current candle is showing a long upper wick, signaling that the momentum is stalling.

Buying exhaustion is becoming evident as sellers begin to step in to capitalize on the spike. With broader market uncertainty, this impulsive move is likely to see a significant pullback as late breakout buyers get trapped at the highs.

Trade $SUPER here 👇