$INX Rejection At Resistance... Short Setup Looks Ready
INX failed to hold its recent breakout and is now showing signs of weakness after getting rejected near the local highs. Sellers are stepping in, momentum is fading, and a deeper pullback could follow if support breaks.
Short Trade Setup
📍 Entry: 0.00728 – 0.00732
🛑 Stop Loss: 0.00755
🎯 Targets
✅ 0.00710
✅ 0.00690
✅ 0.00670
Why This Setup Looks Bearish 👇 🔻 Strong rejection from resistance
📉 Lower highs forming on the lower timeframe
⚠️ Selling pressure increasing after the rally
💥 A break below 0.00720 could accelerate the downside move
Trade with proper risk management and wait for confirmation before entering.
Short here 👇🏻
INX failed to hold its recent breakout and is now showing signs of weakness after getting rejected near the local highs. Sellers are stepping in, momentum is fading, and a deeper pullback could follow if support breaks.
Short Trade Setup
📍 Entry: 0.00728 – 0.00732
🛑 Stop Loss: 0.00755
🎯 Targets
✅ 0.00710
✅ 0.00690
✅ 0.00670
Why This Setup Looks Bearish 👇 🔻 Strong rejection from resistance
📉 Lower highs forming on the lower timeframe
⚠️ Selling pressure increasing after the rally
💥 A break below 0.00720 could accelerate the downside move
Trade with proper risk management and wait for confirmation before entering.
Short here 👇🏻