$BMNR SHORT — Resistance Rejection & Breakdown Setup
Price encountered a strong rejection off the 22.30 peak, breaking down through key short-term structure with consecutive red candles. Weakening momentum near upper supply levels sets up a tight short entry:
Entry: 21.39 – 21.60
TP1: 20.69
TP2: 19.79
TP3: 18.88
SL: 22.35
Staying capped below 22.30 resistance confirms continued seller pressure toward lower demand levels.
Price encountered a strong rejection off the 22.30 peak, breaking down through key short-term structure with consecutive red candles. Weakening momentum near upper supply levels sets up a tight short entry:
Entry: 21.39 – 21.60
TP1: 20.69
TP2: 19.79
TP3: 18.88
SL: 22.35
Staying capped below 22.30 resistance confirms continued seller pressure toward lower demand levels.