$RED is showing strong rejection near the $0.100 area after a sharp rally. The long upper wicks suggest selling pressure, while the latest candle is turning bearish.
Entry: 0.0945–0.0970
Stop Loss: 0.1015
Targets:
TP1: 0.0910
TP2: 0.0870
TP3: 0.0830
Bearish momentum strengthens if price fails to reclaim $0.100.
Invalidation: 4H close above 0.1015.
Entry: 0.0945–0.0970
Stop Loss: 0.1015
Targets:
TP1: 0.0910
TP2: 0.0870
TP3: 0.0830
Bearish momentum strengthens if price fails to reclaim $0.100.
Invalidation: 4H close above 0.1015.