$FLUX APPROACHING KEY RESISTANCE ZONE WITH SIGNS OF EXHAUSTION 📉
Entry: 0.115 - 0.120 🔥
Target: 0.114, 0.111, 0.105 🚀
Stop Loss: 0.122 ⚠️
The asset is currently testing a structural resistance zone between 0.118 and 0.120. H1 candles are printing long upper wicks, confirming that sellers are stepping in to absorb liquidity as buying volume wanes at these higher levels.
The RSI has reached overbought territory and is beginning to curl downward, indicating a loss of bullish momentum. A clean rejection here would align with a move toward lower support levels, provided the stop loss at 0.122 remains unbreached. Do you see this as a reversal or just a minor consolidation?
Not financial advice. Always manage your risk.
#FLUX #ShortSetup #MarketStructure #TechnicalAnalysis
🎯
Entry: 0.115 - 0.120 🔥
Target: 0.114, 0.111, 0.105 🚀
Stop Loss: 0.122 ⚠️
The asset is currently testing a structural resistance zone between 0.118 and 0.120. H1 candles are printing long upper wicks, confirming that sellers are stepping in to absorb liquidity as buying volume wanes at these higher levels.
The RSI has reached overbought territory and is beginning to curl downward, indicating a loss of bullish momentum. A clean rejection here would align with a move toward lower support levels, provided the stop loss at 0.122 remains unbreached. Do you see this as a reversal or just a minor consolidation?
Not financial advice. Always manage your risk.
#FLUX #ShortSetup #MarketStructure #TechnicalAnalysis
🎯