$SWARMS - respecting a bearish trendline channel with rejection at 0.022685. Supply holding firm as sellers maintain control. Will 0.022238 break and extend the downside move? 📉
Trade Plan: Short $SWARMS
✅ Entry: 0.0224 – 0.0227
⛔ SL: 0.022895
🎯 TP: 1️⃣ 0.017708 | 2️⃣ 0.012583 | 3️⃣ 0.007946
⚠️ Strategy: Enter With Order size worth 2.5% of total Capital 🆘
🧑💻 Why this Setup?
Price following a bearish trendline channel with clear rejection near $0.022685, indicating strong supply overhead. Sellers are consistently stepping in, maintaining downside pressure. As long as $0.022895 holds, structure stays bearish. Break below $0.017708 can trigger continuation toward $0.012583 and $0.007946.
Trade $SWARMS here 👇
