🚨 $FLUID — Exhaustion Signal at Resistance | Short Setup 📉
$FLUID has made a sharp vertical expansion straight into a key resistance zone, and price action is now showing signs of exhaustion. Momentum is slowing after the aggressive move, increasing the probability of a corrective pullback.
This setup favors a mean-reversion short rather than continuation, especially if rejection confirms in the resistance area.
📊 Trade Setup (Short):
Entry Zone: 3.80 – 3.95
Targets:
🎯 TP1: 3.55
🎯 TP2: 3.25
🎯 TP3: 2.95
Stop-Loss: 4.15
Bias: Bearish below resistance
Failure to reclaim and hold above the 3.95–4.00 zone strengthens the downside case. Book profits step by step and manage risk strictly.