$GENIUS – Breaking Structure, Sellers Dominating the Trend
Trading Plan: Short $GENIUS
Entry: 0.5301 – 0.5350
SL: 0.5500
TP 1: 0.5210
TP 2: 0.5150
TP 3: 0.5052
Analysis:
$GENIUS is showing clear bearish exhaustion. The price has consistently failed to reclaim the MA(25) and MA(99) levels, creating a series of lower highs and lower lows. Currently, it is lingering near local support, but the momentum indicators suggest a breakdown is imminent.
Selling pressure remains aggressive as the price stays pinned below
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