๐ป $GIGGLE FACING STRONG RESISTANCE AS BUYING VOLUME DRIES UP AT THE SUPPLY ZONE ๐
Entry: 36.50 - 36.90 ๐ป
Targets: 36.00 / 35.25 / 34.31 ๐ฏ
Stop loss: 37.30 โ ๏ธ
Sellers are actively defending the supply zone above, from 36.91 to 37.13, making it difficult for buyers to sustain upward momentum. ๐ A clear rejection in this area could trigger a rapid decline toward the key support zone at 36.00.
๐ Order flow shows buyers running out of steam, making this an opportunity worth watching for a short sale as price sweeps liquidity at resistance. ๐ก Itโs important to wait for confirmation to avoid getting caught in a trap if price attempts to break above 37.13. ๐ฌ Are you waiting for a break of structure, or will you short as soon as price is rejected? ๐
โ ๏ธ This is not financial advice. Always manage your risk. ๐ก๏ธ
Entry: 36.50 - 36.90 ๐ป
Targets: 36.00 / 35.25 / 34.31 ๐ฏ
Stop loss: 37.30 โ ๏ธ
Sellers are actively defending the supply zone above, from 36.91 to 37.13, making it difficult for buyers to sustain upward momentum. ๐ A clear rejection in this area could trigger a rapid decline toward the key support zone at 36.00.
๐ Order flow shows buyers running out of steam, making this an opportunity worth watching for a short sale as price sweeps liquidity at resistance. ๐ก Itโs important to wait for confirmation to avoid getting caught in a trap if price attempts to break above 37.13. ๐ฌ Are you waiting for a break of structure, or will you short as soon as price is rejected? ๐
โ ๏ธ This is not financial advice. Always manage your risk. ๐ก๏ธ