$ACE 4H WICK REJECTION PUTS SHORTS BACK IN CONTROL ๐ฆ๐ป
Entry: 0.1710 - 0.1750 โก
Target: 0.1592 / 0.1569 / 0.1545 ๐ฏ
Stop Loss: 0.1760 โ ๏ธ
The 4H candle looks like a liquidity trap: a violent upper wick after a failed reclaim, with sellers defending the range like a locked door. ๐
With the main trend still pressing lower,
$ACE shorts have the cleaner edge. Enter on bounce into 0.1710-0.1750, then track 0.1592, 0.1569, and 0.1545 as downside checkpoints. ๐
Invalidation is simple: a 4H close above 0.1760 flips momentum back to buyers. Until then, this rejection zone favors short pressure, and a fresh breakdown could reopen the path to prior lowsโ๐ฌ are you taking the bounce short or waiting for a deeper sweep first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
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#ACE #ShortSetup #4HRejection #Crypto ๐ป ๐