$BANANAS31 REJECTED AT RESISTANCE – SHORT SETUP ACTIVE 🔥
Entry: 0.00850 – 0.00858 🔥
Target: 0.00820 🚀
Stop Loss: 0.00885 ⚠️
After a strong impulsive rally, price is testing a key resistance zone where sellers are defending aggressively. The daily candle shows a clear rejection wick at the supply area, and momentum is now stalling with lower highs forming on the 15-minute timeframe.
Failure to hold above the breakout area increases the probability of a corrective move toward the first support at 0.00820. The R:R on this short is roughly 1:2.5 from the midpoint of the entry zone. Are you stepping in here or waiting for a lower retest of the level?
Not financial advice. Always manage your risk.
#BANANAS31 #ShortSetup #ResistanceRejection #PullbackTrade
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Entry: 0.00850 – 0.00858 🔥
Target: 0.00820 🚀
Stop Loss: 0.00885 ⚠️
After a strong impulsive rally, price is testing a key resistance zone where sellers are defending aggressively. The daily candle shows a clear rejection wick at the supply area, and momentum is now stalling with lower highs forming on the 15-minute timeframe.
Failure to hold above the breakout area increases the probability of a corrective move toward the first support at 0.00820. The R:R on this short is roughly 1:2.5 from the midpoint of the entry zone. Are you stepping in here or waiting for a lower retest of the level?
Not financial advice. Always manage your risk.
#BANANAS31 #ShortSetup #ResistanceRejection #PullbackTrade
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