$C98 — resistance test after impulsive rally in bearish structure

Bias: Short $C98

Trade Setup
Entry: 0.0280 – 0.0290
Stop Loss: 0.0315
TP1: 0.0260
TP2: 0.0240
TP3: 0.0220

Market Insight
Price reacting at supply zone following impulsive advance and liquidity sweep above prior highs within descending channel of lower highs. Seller dominance indicated by overextension and potential rejection. Invalidates on acceptance above resistance. Favorable risk-to-reward from tight stop and structure-aligned downside targets.

Watching how price reacts at this level, execution matters. Levels based on structure and momentum, not prediction.

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