๐ป $RDW LOSING MOMENTUM AS SELLERS HAMMER DOWN TOWARD VITAL SUPPORT! ๐
Entry: 8.38 - 8.48 โก
Target: 8.20 / 8.06 / 7.90 ๐ฏ
Stop Loss: 8.70 ๐
Sellers are aggressively pressing the order book on $RDW , probing the fragile floor around 8.20 as buyer volume begins to dry up. ๐ Every corrective bounce into the 8.38 to 8.48 zone has been met with heavy distribution from overhead supply.
๐ If the underlying bid depth dissolves, momentum favors a fast liquidity sweep through support straight down toward 7.90. ๐ฌ Are you executing the short on this retest or waiting to see if 8.20 defends? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #RDW #ShortSetup #PriceAction #Crypto
๐ฏ ๐ป
Entry: 8.38 - 8.48 โก
Target: 8.20 / 8.06 / 7.90 ๐ฏ
Stop Loss: 8.70 ๐
Sellers are aggressively pressing the order book on $RDW , probing the fragile floor around 8.20 as buyer volume begins to dry up. ๐ Every corrective bounce into the 8.38 to 8.48 zone has been met with heavy distribution from overhead supply.
๐ If the underlying bid depth dissolves, momentum favors a fast liquidity sweep through support straight down toward 7.90. ๐ฌ Are you executing the short on this retest or waiting to see if 8.20 defends? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #RDW #ShortSetup #PriceAction #Crypto
๐ฏ ๐ป