๐จ $BLS TRIPLE REJECTION AT 0.523 โ THE SHORT SETUP IS PRIMED! ๐ฃ
Entry: 0.5190โ0.5235 โก
Target: 0.5120โ0.5050โ0.4950 ๐ฏ
Stop Loss: 0.5295 โ ๏ธ
๐ Price has now rejected at the 0.523 supply zone for the third consecutive touch, and each failed rally is stacking liquidity on the bid side of the book. ๐ These repeated wick rejections reveal smart money distributing into retail buying pressure โ the classic exhaustion footprint before a structural flush.
โก Selling into 0.5190โ0.5235 offers a clean entry with defined downside targets that capture the sweep of resting bids at 0.5120 and 0.5050. ๐ก A stop above 0.5295 keeps the thesis intact if the zone finally breaks. ๐ฌ Do you fade this overhead supply on the first touch or wait for a smaller timeframe confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#BLS #ShortSetup #RejectionZone #Crypto #Trading ๐ป ๐