$PRL - Test of supply zone, upside strength beginning to dry up
Trading Plan Short $PRL (max 10x) Entry: 0.1830 - 0.1870 SL: 0.1955 TP: 0.1760 TP: 0.1680 TP: 0.1600
Price has reached a key area but buyers are no longer driving price aggressively. Each push higher is met with selling pressure, showing signs of exhaustion. When price hesitates at resistance like this, it often leads to a downside rotation as sellers take over.
$XAN - Push into resistance, starting to stall near the highs
Trading Plan Short $XAN (max 10x) Entry: 0.00785 - 0.00805 SL: 0.00940 TP: 0.00740 TP: 0.00680 TP: 0.00620
Price pushed up into this zone but is failing to continue higher with strength. Momentum is weakening, and each move up is getting sold into. When price stalls near resistance like this, it often leads to a pullback as sellers take control.