$INX ..... Rejection Zone Setup
#INX is consolidating near $0.00845 after a sharp upward move. Price is repeatedly struggling around $0.00850–$0.00855, creating a possible rejection area. A breakdown below the local $0.00840 support could open the downside.
SHORT ENTRY: $0.00845 – $0.00852
TP1: $0.00836
TP2: $0.00827
TP3: $0.00818
SL: $0.00860
The short idea becomes stronger if #INX loses $0.00840 with momentum.
Sell and Trade
$VVV
$SNDK
#INX is consolidating near $0.00845 after a sharp upward move. Price is repeatedly struggling around $0.00850–$0.00855, creating a possible rejection area. A breakdown below the local $0.00840 support could open the downside.
SHORT ENTRY: $0.00845 – $0.00852
TP1: $0.00836
TP2: $0.00827
TP3: $0.00818
SL: $0.00860
The short idea becomes stronger if #INX loses $0.00840 with momentum.
Sell and Trade
$VVV
$SNDK