🚨 $THE REJECTS AT HIGHS — SHORT SETUP IS ON THE RADAR! 📉
Entry: $0.0634 – $0.0640 ⚡
Target 1: $0.0615 🎯
Target 2: $0.0590 🎯
Target 3: $0.0560 💥
Stop Loss: $0.0662 🛑
📉 The high-timeframe picture shows $THE printing a textbook rejection off the supply zone, where aggressive sellers just absorbed the last push. Fresh listings often trap late longs at the top — and this bearish engulfing candle says the distribution phase is underway.
🔍 With an entry into the 0.0634–0.0640 liquidity pool, the path of least resistance tilts toward the downside order blocks at 0.0615 and 0.0590. The stop above 0.0662 keeps the risk defined, but at 5x leverage, position sizing is the real edge. ⚡
💬 Are you comfortable riding a short into these sell-side targets, or will you wait for a lower-high confirmation first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #THE #ShortSetup #Crypto #Bearish #Trading
🎯 🦈
Entry: $0.0634 – $0.0640 ⚡
Target 1: $0.0615 🎯
Target 2: $0.0590 🎯
Target 3: $0.0560 💥
Stop Loss: $0.0662 🛑
📉 The high-timeframe picture shows $THE printing a textbook rejection off the supply zone, where aggressive sellers just absorbed the last push. Fresh listings often trap late longs at the top — and this bearish engulfing candle says the distribution phase is underway.
🔍 With an entry into the 0.0634–0.0640 liquidity pool, the path of least resistance tilts toward the downside order blocks at 0.0615 and 0.0590. The stop above 0.0662 keeps the risk defined, but at 5x leverage, position sizing is the real edge. ⚡
💬 Are you comfortable riding a short into these sell-side targets, or will you wait for a lower-high confirmation first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #THE #ShortSetup #Crypto #Bearish #Trading
🎯 🦈