$B RESISTANCE TEST COULD TRIGGER A SHORT SQUEEZE REVERSAL ๐ฏ
Entry: 0.2290 - 0.2340 ๐ฅ
Target: 0.2200 ๐
Stop Loss: 0.2415 โ ๏ธ
Price is pressing into a supply zone between 0.2290 and 0.2340 that has rejected bids twice in the past three sessions. Volume is declining on the hourly, suggesting the push lacks aggressive buying conviction. A sweep above 0.2340 would trap late longs, but a rejection here gives a clean short with defined risk.
The measured move from the recent consolidation zone aligns perfectly with the first target at 0.2200. Are you watching this level for a short or waiting for a confirmed breakdown?
Not financial advice. Always manage your risk.
#B #ShortSetup #ResistanceTest #Crypto
๐ฏ
Entry: 0.2290 - 0.2340 ๐ฅ
Target: 0.2200 ๐
Stop Loss: 0.2415 โ ๏ธ
Price is pressing into a supply zone between 0.2290 and 0.2340 that has rejected bids twice in the past three sessions. Volume is declining on the hourly, suggesting the push lacks aggressive buying conviction. A sweep above 0.2340 would trap late longs, but a rejection here gives a clean short with defined risk.
The measured move from the recent consolidation zone aligns perfectly with the first target at 0.2200. Are you watching this level for a short or waiting for a confirmed breakdown?
Not financial advice. Always manage your risk.
#B #ShortSetup #ResistanceTest #Crypto
๐ฏ
