$BILL SHORT SETUP AT OVERBOUGHT RESISTANCE โ CATCHING THE DROP ๐ฅ
Entry: 0.05 - 0.049 ๐ฅ
Target: 0.044 - 0.04 - 0.036 ๐
Stop Loss: 0.0545 โ ๏ธ
The chart shows a textbook pump-and-dump structure โ rapid vertical movement with low volume confirmation on retests. This zone between 0.05 and 0.049 has attracted aggressive buy orders that are now sitting on a thin liquidity layer. A sweep of 0.0545 would likely trigger false breakout traps before the real move lower resumes.
Volume divergence on the 1H timeframe aligns with previous reversal patterns on this ticker. The risk-to-reward is stacking the ladder from 0.044 down to 0.036, giving multiple exits. Are you shorting this level or waiting for the sweep to fill first?
Not financial advice. Always manage your risk.
#BILL #ShortSetup #ResistanceSweep #Crypto
๐ฅ
Entry: 0.05 - 0.049 ๐ฅ
Target: 0.044 - 0.04 - 0.036 ๐
Stop Loss: 0.0545 โ ๏ธ
The chart shows a textbook pump-and-dump structure โ rapid vertical movement with low volume confirmation on retests. This zone between 0.05 and 0.049 has attracted aggressive buy orders that are now sitting on a thin liquidity layer. A sweep of 0.0545 would likely trigger false breakout traps before the real move lower resumes.
Volume divergence on the 1H timeframe aligns with previous reversal patterns on this ticker. The risk-to-reward is stacking the ladder from 0.044 down to 0.036, giving multiple exits. Are you shorting this level or waiting for the sweep to fill first?
Not financial advice. Always manage your risk.
#BILL #ShortSetup #ResistanceSweep #Crypto
๐ฅ
