$THE REJECTED AT RESISTANCE – BEARISH STRUCTURE IN PLAY 📉
Entry: 0.0545 – 0.0555 🔥
Target: 0.0520 🚀
Stop Loss: 0.0585 ⚠️
The sharp pump to the 0.065–0.070 zone was met with immediate selling pressure, forming a heavy rejection wick on the daily. Price is now struggling to stay above 0.0560, and the failed breakout suggests buyers have lost control.
Volume is declining on the bounce, confirming the shift in momentum. If the 0.0545 area breaks, the next liquidity pool sits at 0.0500. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#THE #ShortSetup #BearishRejection #Crypto
⚡
Entry: 0.0545 – 0.0555 🔥
Target: 0.0520 🚀
Stop Loss: 0.0585 ⚠️
The sharp pump to the 0.065–0.070 zone was met with immediate selling pressure, forming a heavy rejection wick on the daily. Price is now struggling to stay above 0.0560, and the failed breakout suggests buyers have lost control.
Volume is declining on the bounce, confirming the shift in momentum. If the 0.0545 area breaks, the next liquidity pool sits at 0.0500. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#THE #ShortSetup #BearishRejection #Crypto
⚡