🔻 $Q Rejection Confirmed — Bearish Pressure Rising
$Q has printed a clear rejection at resistance after its recent rally, signaling that sellers have stepped back in with strength. The inability to hold higher levels suggests weakening bullish momentum, shifting control back to the bears. As long as price remains below the rejected zone, downside continuation is the more probable scenario.
Position: SHORT 📉
Entry Zone: 0.0221 – 0.0223
Stop Loss: 0.0230
Take Profit Targets:
🎯 TP1: 0.0215
🎯 TP2: 0.0208
🎯 TP3: 0.0200
$Q has printed a clear rejection at resistance after its recent rally, signaling that sellers have stepped back in with strength. The inability to hold higher levels suggests weakening bullish momentum, shifting control back to the bears. As long as price remains below the rejected zone, downside continuation is the more probable scenario.
Position: SHORT 📉
Entry Zone: 0.0221 – 0.0223
Stop Loss: 0.0230
Take Profit Targets:
🎯 TP1: 0.0215
🎯 TP2: 0.0208
🎯 TP3: 0.0200