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