đŽ $RE REJECTED AT RESISTANCE â BEARS EYEING THE RETRACEMENT! đ
Entry: 0.4960 - 0.5000 âĄ
Target 1: 0.4820 đ
Target 2: 0.4500 đ
Target 3: 0.4100 đ
Stop Loss: 0.5310 â ïž
đ Price hit a structural resistance zone with a clear rejection candle on the 1H, indicating aggressive selling into the high. đ The move up lacked volume follow-through, suggesting this was likely a liquidity grab to fuel the next leg downward.
đĄ With three defined targets and a tight stop above the recent swing high, this setup offers a favorable risk-to-reward for a retracement into the demand void below. đ Are you shorting here or waiting for a retest of the resistance zone first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #RE #ShortSetup #Resistance #Crypto #Retracement
đ» đ
Entry: 0.4960 - 0.5000 âĄ
Target 1: 0.4820 đ
Target 2: 0.4500 đ
Target 3: 0.4100 đ
Stop Loss: 0.5310 â ïž
đ Price hit a structural resistance zone with a clear rejection candle on the 1H, indicating aggressive selling into the high. đ The move up lacked volume follow-through, suggesting this was likely a liquidity grab to fuel the next leg downward.
đĄ With three defined targets and a tight stop above the recent swing high, this setup offers a favorable risk-to-reward for a retracement into the demand void below. đ Are you shorting here or waiting for a retest of the resistance zone first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #RE #ShortSetup #Resistance #Crypto #Retracement
đ» đ