I’m watching $TURTLE after a +13% push because price is now showing clear rejection near the upper resistance zone, and momentum looks like it’s fading into a correction phase.

This type of move usually happens when buyers lose strength after a short rally and sellers start taking control again around key levels.

Trade Setup I’m taking (Short):

Entry Zone:

0.0595 – 0.0610

Stop Loss:

0.0635

Targets:

TP1: 0.0565

TP2: 0.0535

TP3: 0.0500

Why this setup works:

I’m focusing on the rejection after a fast +13% move. When price rallies quickly into resistance and fails to hold higher levels, it often signals exhaustion rather than continuation.

Right now, price is struggling to maintain support around 0.059, and if that level breaks, it opens space for liquidity to be taken lower. That’s where downside expansion can happen as weak buyers exit and sellers step in.

For me, this is a simple pullback trade inside a bearish correction phase. If 0.0635 breaks, the setup is invalid and I step out immediately because the structure would shift back in favor of buyers.

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