๐ด $MVLLB REJECTED AT RESISTANCE โ BEARS SEIZE CONTROL! ๐
Entry: $27.10 โ $27.40 โก
Targets: $26.20 / $25.20 / $24.00 ๐ฏ
Stop Loss: $27.90 โ ๏ธ
๐ The sharp rejection at $27.40 resistance confirms institutional selling into that zone. Price failed to hold above previous structure, and aggressive sell orders are now absorbing any remaining bid liquidity. ๐ Volume on the rejection candle signals a clear shift in momentumโthe path of least resistance points lower.
๐ฆ Smart money likely swept resting offers before letting price slip below key support. Unless buyers reclaim that recent high, expect a cascade toward the $24.00 demand area. ๐ฌ Are you waiting for a retest of $27.40 to short again, or are you already positioned below $27.10? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MVLLB #ShortSetup #Bearish #Crypto #Trading
๐ป ๐ฏ
Entry: $27.10 โ $27.40 โก
Targets: $26.20 / $25.20 / $24.00 ๐ฏ
Stop Loss: $27.90 โ ๏ธ
๐ The sharp rejection at $27.40 resistance confirms institutional selling into that zone. Price failed to hold above previous structure, and aggressive sell orders are now absorbing any remaining bid liquidity. ๐ Volume on the rejection candle signals a clear shift in momentumโthe path of least resistance points lower.
๐ฆ Smart money likely swept resting offers before letting price slip below key support. Unless buyers reclaim that recent high, expect a cascade toward the $24.00 demand area. ๐ฌ Are you waiting for a retest of $27.40 to short again, or are you already positioned below $27.10? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MVLLB #ShortSetup #Bearish #Crypto #Trading
๐ป ๐ฏ
