๐จ $PEOPLE RETESTING PREMIUM SUPPLY BLOCK AS BUY PRESSURE FADES AT RESISTANCE! ๐
Entry: 0.01148 - 0.01172 โก
Target: 0.0105 ๐ฏ
Stop Loss: 0.0126 โ ๏ธ
Price action on $PEOPLE has rotated directly into a defined institutional supply block where upside momentum is losing traction. ๐ Sellers are systematically absorbing demand, leaving clear sell-side liquidity resting below the recent swing lows.
๐ As long as overhead structure caps this recovery, order flow strongly favors a bearish continuation toward lower inefficiency pockets. ๐ Risk remains well-defined against the structural invalidation level above local resistance.
๐ฌ Are you shorting this supply retest or waiting for a breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PEOPLE #ShortSetup #Crypto #MarketStructure
๐ฏ ๐ฆ
Entry: 0.01148 - 0.01172 โก
Target: 0.0105 ๐ฏ
Stop Loss: 0.0126 โ ๏ธ
Price action on $PEOPLE has rotated directly into a defined institutional supply block where upside momentum is losing traction. ๐ Sellers are systematically absorbing demand, leaving clear sell-side liquidity resting below the recent swing lows.
๐ As long as overhead structure caps this recovery, order flow strongly favors a bearish continuation toward lower inefficiency pockets. ๐ Risk remains well-defined against the structural invalidation level above local resistance.
๐ฌ Are you shorting this supply retest or waiting for a breakdown confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PEOPLE #ShortSetup #Crypto #MarketStructure
๐ฏ ๐ฆ