๐ด $KERNEL UNDER PRESSURE AFTER SHARP REJECTION! ๐
Entry: 0.05950-0.06140 โก
Stop Loss: 0.06300 โ ๏ธ
Target: 0.05587 ๐
Target: 0.05034 ๐
The 0.07120 high acted as a liquidity trap, forcing sellers to dominate the next swing. ๐ The market now respects the 0.06140 resistance, turning it into a bearish order block.
A retest range between 0.05950 and 0.06140 offers a clean short entry, with the stop just above the invalidation threshold at 0.06300. ๐ฆ Should the price breach that level, the setup collapses.
First downside legs target 0.05587 and then 0.05034, aligning with prior swing lows and preserving a healthy R:R. โก
๐ฌ Do you see the liquidity sweep continuing lower?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KERNEL #ShortSetup #LiquidityHunt #Crypto
๐ โก
Entry: 0.05950-0.06140 โก
Stop Loss: 0.06300 โ ๏ธ
Target: 0.05587 ๐
Target: 0.05034 ๐
The 0.07120 high acted as a liquidity trap, forcing sellers to dominate the next swing. ๐ The market now respects the 0.06140 resistance, turning it into a bearish order block.
A retest range between 0.05950 and 0.06140 offers a clean short entry, with the stop just above the invalidation threshold at 0.06300. ๐ฆ Should the price breach that level, the setup collapses.
First downside legs target 0.05587 and then 0.05034, aligning with prior swing lows and preserving a healthy R:R. โก
๐ฌ Do you see the liquidity sweep continuing lower?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KERNEL #ShortSetup #LiquidityHunt #Crypto
๐ โก
