$EWY /USDT is forming a textbook lower high structure under a strong resistance zone — and this is where things start to get interesting 😏📉
We’ve already seen two sharp rejections from the same supply area (~154), and each time price fails to break higher, it confirms that sellers are defending this zone aggressively 💥
Now look closely… the recent move up is losing momentum, forming a weak consolidation right below resistance. This is typically where retail gets trapped expecting a breakout 😬
But smart money? They wait for this exact setup to build short positions quietly 🧠💰
The structure is clearly leaning bearish — lower highs, rejection zones, and no strong breakout confirmation ❌
If price pushes slightly higher into the resistance and fails again, we can expect a clean move down toward the 150 zone and possibly lower 📊
Stay patient… let price come to you 🤫
153.2 ___ 154.0
SL: 155.2
TP1: 152.0
TP2: 151.0
TP3: 150.0
