๐ BEARISH REJECTION AT RESISTANCE โ
$MEGA SHORT SETUP FORMING ๐ด
Entry: 0.04470 - 0.04495 โก
Target: 0.04390 / 0.04320 / 0.04250 ๐
Stop Loss: 0.04560 โ ๏ธ
๐ Price respected the supply zone after a sharp rally, printing a textbook rejection wick on the 15-minute chart. This level aligns with a previous liquidity sweep, suggesting smart money is offloading positions into retail buy-side pressure. ๐ป Volume is tapering on the push up while sell-side momentum buildsโclassic exhaustion structure.
๐ก A breakdown below the current support near 0.04470 could trigger a cascade into the next demand void, with stacked targets offering a clean 1:2.5 risk-to-reward on the first target alone. ๐ฌ Are you waiting for the break or already positioned for the pullback? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#MEGA #ShortSetup #Crypto #Bearish ๐ป ๐