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$TENCENT SHORT: LIQUIDITY SWEEP FADES AT PREMIUM โ SMART MONEY DISTRIBUTES ๐
Entry: 61.80 - 62.20 โก
Target 1: 61.20 ๐ฏ
Target 2: 60.70 ๐ฏ
Target 3: 60.00 ๐ฅ
Stop Loss: 62.80 โ ๏ธ
Price ripped into the buy-side liquidity above 61.90, grabbed the stop-run, and instantly stalled at the premium order block. ๐ That is the signature of distribution, not accumulation โ every push into 62 is being sold into. ๐
With momentum fading at this supply cluster, the path of least resistance tilts back toward the fair value gap below. ๐ก Iโm positioning short from 61.80โ62.20, respecting the invalidation above 62.80. First magnet sits at 61.20, then 60.70, with 60.00 as the final draw.
The question is simple: are you spotting the same distribution, or do you see a breakout retest instead? ๐ฌ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#TENCENT #ShortSetup #LiquiditySweep #Crypto #Trading ๐ป ๐ฏ