SHORT $RED : REJECTED AT HARD RESISTANCE – SELLERS CRUSHING IT 📉🔥
Entry: 0.0859 - 0.0865 📌
TP1: 0.0850 ✅
TP2: 0.0845 ✅
TP3: 0.0840 ✅
SL: 0.0870 🛑
Rejection off that supply zone was textbook institutional footprint. Price slammed into the ceiling, got slapped straight back down, and the sell-side is now leaning hard on every minor bounce. That’s not random noise — that’s order flow confirming who controls this tape. The move toward the old bottom looks like a liquidity raid in progress, not a hope-and-pray retrace.
Structure is clean: lower highs, aggressive defends, and sellers absorbing every bid. If this level holds as resistance, the path to previous lows is the path of least resistance. The market is essentially paying you to ride the dump — but only if you respect the invalidation above. Once that floor breaks, the next pool of resting bids could light up fast.
Do you think the old bottom gets swept clean, or will buyers step in before we get there? Drop your read below 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #RED #Short #Trading #Crypto #BinanceSquare
📊💡
Entry: 0.0859 - 0.0865 📌
TP1: 0.0850 ✅
TP2: 0.0845 ✅
TP3: 0.0840 ✅
SL: 0.0870 🛑
Rejection off that supply zone was textbook institutional footprint. Price slammed into the ceiling, got slapped straight back down, and the sell-side is now leaning hard on every minor bounce. That’s not random noise — that’s order flow confirming who controls this tape. The move toward the old bottom looks like a liquidity raid in progress, not a hope-and-pray retrace.
Structure is clean: lower highs, aggressive defends, and sellers absorbing every bid. If this level holds as resistance, the path to previous lows is the path of least resistance. The market is essentially paying you to ride the dump — but only if you respect the invalidation above. Once that floor breaks, the next pool of resting bids could light up fast.
Do you think the old bottom gets swept clean, or will buyers step in before we get there? Drop your read below 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #RED #Short #Trading #Crypto #BinanceSquare
📊💡