๐ป $S REJECTED AT SUPPLY AS WYCKOFF MARKDOWN THREATENS A FRESH LEG DOWN! ๐
Entry: 0.061000 - 0.062000 โก
Target: 0.055190 ๐ฏ
Stop Loss: 0.063600 ๐
Sellers slammed the door shut on $S right at overhead supply, sealing an H1 close back below the 0.058640 flip level. ๐ Volume ticked up to 1.05x the average on the latest 0.061170 failure, signaling clear Wyckoff distribution rather than random chop.
๐ With deep downside liquidity resting under 0.054100, chasing shorts at current levels is asking to get caught. ๐ฆ The high-conviction play is waiting patiently for a disciplined retest into the supply block before riding the markdown wave lower. ๐ฌ Will sellers firmly defend this overhead resistance or let momentum slip? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #S #ShortSetup #CryptoTrading #Bearish #Altcoins
๐ฏ ๐ป
Entry: 0.061000 - 0.062000 โก
Target: 0.055190 ๐ฏ
Stop Loss: 0.063600 ๐
Sellers slammed the door shut on $S right at overhead supply, sealing an H1 close back below the 0.058640 flip level. ๐ Volume ticked up to 1.05x the average on the latest 0.061170 failure, signaling clear Wyckoff distribution rather than random chop.
๐ With deep downside liquidity resting under 0.054100, chasing shorts at current levels is asking to get caught. ๐ฆ The high-conviction play is waiting patiently for a disciplined retest into the supply block before riding the markdown wave lower. ๐ฌ Will sellers firmly defend this overhead resistance or let momentum slip? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #S #ShortSetup #CryptoTrading #Bearish #Altcoins
๐ฏ ๐ป