๐จ $UB USDT โ Supply Rejection, Bearish Continuation ๐
Clean setup โ price tapped a major supply zone (0.070โ0.072) and is now rejecting sharply. Your downside path looks valid ๐
๐ก Whatโs happening?
โข Multiple rejections from supply โ strong seller presence ๐ป
โข Lower highs forming โ bearish structure active
โข Failed recovery after drop โ weak demand โ
โข RSI mid-zone โ room for further downside
โก Trade Setup (Short Idea):
๐ป Entry: 0.067 โ 0.070
๐ฏ Take Profit:
โข TP1: 0.063
โข TP2: 0.059
โข TP3: 0.055
๐ Stop Loss: 0.0725
๐ Market Insight:
This is a range high rejection โ continuation move.
Liquidity likely resting below recent lows โ aligns with your marked drop zone.
Clean setup โ price tapped a major supply zone (0.070โ0.072) and is now rejecting sharply. Your downside path looks valid ๐
๐ก Whatโs happening?
โข Multiple rejections from supply โ strong seller presence ๐ป
โข Lower highs forming โ bearish structure active
โข Failed recovery after drop โ weak demand โ
โข RSI mid-zone โ room for further downside
โก Trade Setup (Short Idea):
๐ป Entry: 0.067 โ 0.070
๐ฏ Take Profit:
โข TP1: 0.063
โข TP2: 0.059
โข TP3: 0.055
๐ Stop Loss: 0.0725
๐ Market Insight:
This is a range high rejection โ continuation move.
Liquidity likely resting below recent lows โ aligns with your marked drop zone.