🚨 $VELODROME HEAVY REJECTION AT 0.0270 SETS UP EXPENSIVE BEARISH TRAP 📉
Entry: 0.02640 - 0.02670 🔻
Target 1: 0.02550 📉
Target 2: 0.02470 🎯
Target 3: 0.02370 💥
Stop Loss: 0.02735 ⚠️
Buyers just ran out of gas right into heavy overhead supply at 0.0270, leaving behind a clear exhaustion wick on the 1H timeframe. 📊 Sellers are stepping in aggressively to defend this ceiling while momentum shifts downward, creating a clean environment for a swift retracement toward lower support shelves.
📌 A confirmed breakdown below 0.0264 gives short sellers complete control of the order flow down to 0.02370. 💬 Are you shorting this exhaustion move or waiting for a deeper liquidity sweep below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELODROME #ShortSetup #Crypto #Trading #Bearish
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Entry: 0.02640 - 0.02670 🔻
Target 1: 0.02550 📉
Target 2: 0.02470 🎯
Target 3: 0.02370 💥
Stop Loss: 0.02735 ⚠️
Buyers just ran out of gas right into heavy overhead supply at 0.0270, leaving behind a clear exhaustion wick on the 1H timeframe. 📊 Sellers are stepping in aggressively to defend this ceiling while momentum shifts downward, creating a clean environment for a swift retracement toward lower support shelves.
📌 A confirmed breakdown below 0.0264 gives short sellers complete control of the order flow down to 0.02370. 💬 Are you shorting this exhaustion move or waiting for a deeper liquidity sweep below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #VELODROME #ShortSetup #Crypto #Trading #Bearish
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