Rejection at the highs is hinting at a possible downside rotation.

Short Setup

Trade Plan

Entry: $0.057 – $0.0585

Stop Loss: $0.060

TP1: $0.055

TP2: $0.052

TP3: $0.048

Why this setup makes sense

$C is showing a clear rejection around the $0.058 area, with sellers stepping in after the recent push upward. On the 1H timeframe, a lower high appears to be forming, signaling fading bullish momentum. If price fails to sustain above $0.057, it could open the door for a pullback toward previous support zones.

Debate

Does C continue rolling over toward $0.052, or do buyers step back in and reclaim control?

$C / CUSDT Perp

Current price: $0.05723 (+3.62%)$C

C

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