Short $GRASS /USDT · Bias: SHORT (Overextended Exhaustion / Distribution)
Exhaustion volume and clear distribution pattern below the 24h High (0.6463) following a +14.59% intraday run-up! Multiple rejections on the 15m chart with declining buying volume indicate buyer exhaustion, paving the way for a sharp corrective retracement toward lower liquidity zones! 🔻📉
Trade Setup:
Position: SHORT
Entry Zone: 0.6150 – 0.6230
Stop Loss (SL): 0.6490 (Clean invalidation above the 24h High at 0.6463)
Take Profit Targets:
TP1: 0.6000 (Psychological round level & local retest zone)
TP2: 0.5820 (Mid-range consolidation support)
TP3: 0.5600 (Key demand block & lower liquidity target)
TP4: 0.5350 (Extended flush toward the 24h Low area)
Exhaustion volume and clear distribution pattern below the 24h High (0.6463) following a +14.59% intraday run-up! Multiple rejections on the 15m chart with declining buying volume indicate buyer exhaustion, paving the way for a sharp corrective retracement toward lower liquidity zones! 🔻📉
Trade Setup:
Position: SHORT
Entry Zone: 0.6150 – 0.6230
Stop Loss (SL): 0.6490 (Clean invalidation above the 24h High at 0.6463)
Take Profit Targets:
TP1: 0.6000 (Psychological round level & local retest zone)
TP2: 0.5820 (Mid-range consolidation support)
TP3: 0.5600 (Key demand block & lower liquidity target)
TP4: 0.5350 (Extended flush toward the 24h Low area)
