๐ป $BIRB HITS A BRICK WALL AFTER RALLY WITH SELLERS TAKING OVER! ๐
Entry: 0.05900โ0.06100 โก
Target: 0.05500, 0.05000, 0.04650 ๐ฏ
Stop Loss: 0.06750 โ ๏ธ
๐ The aggressive drive into the 0.06700 zone ran straight into heavy distribution, leaving aggressive buyers trapped at the highs. ๐ Exhaustion is setting in quickly as overhead resistance forces a clean roll-over, shifting short-term control back to the bears.
๐ก With bids thinning out beneath current levels, a failure to reclaim this pocket leaves the door open for a steep retracement into lower liquidity pockets. ๐ฌ Are you taking the short here or hunting for a structural floor further down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BIRB #ShortSetup #CryptoTrading #Bearish
๐ฏ ๐ป
Entry: 0.05900โ0.06100 โก
Target: 0.05500, 0.05000, 0.04650 ๐ฏ
Stop Loss: 0.06750 โ ๏ธ
๐ The aggressive drive into the 0.06700 zone ran straight into heavy distribution, leaving aggressive buyers trapped at the highs. ๐ Exhaustion is setting in quickly as overhead resistance forces a clean roll-over, shifting short-term control back to the bears.
๐ก With bids thinning out beneath current levels, a failure to reclaim this pocket leaves the door open for a steep retracement into lower liquidity pockets. ๐ฌ Are you taking the short here or hunting for a structural floor further down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BIRB #ShortSetup #CryptoTrading #Bearish
๐ฏ ๐ป