Why 3 rejections beat 1 breakout candle 👀📉
Ever notice how price keeps knocking at the same level… and still can’t get through?
That’s not strength. That’s exhaustion.
Here, price faced three clear rejections at the same zone. Each time, buyers pushed — and each time, sellers absorbed the pressure. Long wicks with weak candle bodies tell one story: demand tried, but acceptance failed.
One breakout candle can be emotional.
Three rejections are structural.
Momentum indicators are overheating, thrust is flattening, and price is still respecting higher-timeframe resistance. This is how distribution often looks before the real move starts.
Bias: short-leaning, probe first, not all-in.
Invalidation: a clean 4H close and hold above EMA-200 with a solid retest. Until then, patience beats hope.
Smart traders don’t chase candles.
They listen to what price keeps failing to do.
🔥📊
#CryptoTrading #PriceAction #MarketStructure #BinanceSquare #TradingMindset
