#trendlinerejection
trendlinerejection
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$GENIUS IS REJECTING THE DESCENDING TRENDLINE YET AGAIN 🔥
Entry: $0.4000 – $0.4020 🔥
Target: $0.3940 / $0.3890 / $0.3841 🚀
Stop Loss: $0.4069 ⚠️
Price is rejecting from the descending trendline for the third time this week, with sellers stepping in at $0.4020 each time. Volume is declining on the bounce attempts, confirming bearish conviction. The 1H structure remains intact below resistance, and momentum favors a continuation toward the lower targets.
The short bias holds as long as we stay below the trendline. Are you taking this or waiting for a lower retest?
Not financial advice. Always manage your risk.
#GENIUS #ShortSetup #TrendlineRejection #Bearish #Crypto
🔥
Entry: $0.4000 – $0.4020 🔥
Target: $0.3940 / $0.3890 / $0.3841 🚀
Stop Loss: $0.4069 ⚠️
Price is rejecting from the descending trendline for the third time this week, with sellers stepping in at $0.4020 each time. Volume is declining on the bounce attempts, confirming bearish conviction. The 1H structure remains intact below resistance, and momentum favors a continuation toward the lower targets.
The short bias holds as long as we stay below the trendline. Are you taking this or waiting for a lower retest?
Not financial advice. Always manage your risk.
#GENIUS #ShortSetup #TrendlineRejection #Bearish #Crypto
🔥
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