$ELSA facing rejection near highs and pulling back for a lower test! ⚠️
🔴 SHORT ENTRY: $0.0930 – $0.0965 (sell on local relief bounce)
🛑 STOP-LOSS: $0.1025 (exit if price breaks above local resistance)
🎯 TARGETS: $0.0880 |•| $0.0820 |•| $0.0750.
📊 $ELSA has pulled back sharply from its $0.1142 high and is currently breaking down below short-term moving averages. With momentum flipping bearish and open interest surging on the correction, a continuation toward deeper support levels is in play!
#TradingCommunity #TradingSignals $AKE
🔴 SHORT ENTRY: $0.0930 – $0.0965 (sell on local relief bounce)
🛑 STOP-LOSS: $0.1025 (exit if price breaks above local resistance)
🎯 TARGETS: $0.0880 |•| $0.0820 |•| $0.0750.
📊 $ELSA has pulled back sharply from its $0.1142 high and is currently breaking down below short-term moving averages. With momentum flipping bearish and open interest surging on the correction, a continuation toward deeper support levels is in play!
#TradingCommunity #TradingSignals $AKE
