📉 $0G — Distribution holding after a failed swing high, liquidity pushing lower.

Plan (Short):

Entry: $1.1721 – $1.2100

SL: $1.2600

TP: $1.070

The move up into supply didn’t stick. After the local swing high failed, price was accepted back into a distribution phase, with internal structure shifting at the premium execution zone. That displacement is what keeps the short thesis intact — sellers are still in control, and liquidity is leaning toward the downside.

As long as acceptance at the structural high continues to fail, the path remains open toward discount liquidity pools. If demand steps in and absorbs the breakdown, reclaiming structure instead of extending lower, this setup is invalid and the short is off.

Short $0G 👇

0GBSC
0GUSDT
0.6138
-1.71%