๐ $REQ 40% RALLY FADING โ SHORT SETUP WITH THREE TARGETS! ๐ฉธ
Entry: 0.0680 โ 0.0685 โก
Stop Loss: 0.0710 โ ๏ธ
TP1: 0.0655 ๐
TP2: 0.0625 ๐
TP3: 0.0595 ๐
The vertical 40% surge has met a strong rejection candle on the 15m timeframe, a classic footprint of institutional distribution into retail buy pressure. ๐ Momentum is clearly fading as volume dries up at the highs, and the pullback structure suggests an orderly shakeout of late longs. ๐ This is not a trend change alone โ itโs profit-taking before the next directional move. The invalidation line sits at 0.0710; a reclaim with strong volume would void the bearish view instantly.
๐ก With a 1:3+ risk-to-reward on the first target alone, this short has clear levels to work with. ๐ฌ Are you scaling out at each TP or waiting for the full run? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #REQ #ShortSetup #MomentumExhaustion #Crypto #Bearish
๐ป ๐
Entry: 0.0680 โ 0.0685 โก
Stop Loss: 0.0710 โ ๏ธ
TP1: 0.0655 ๐
TP2: 0.0625 ๐
TP3: 0.0595 ๐
The vertical 40% surge has met a strong rejection candle on the 15m timeframe, a classic footprint of institutional distribution into retail buy pressure. ๐ Momentum is clearly fading as volume dries up at the highs, and the pullback structure suggests an orderly shakeout of late longs. ๐ This is not a trend change alone โ itโs profit-taking before the next directional move. The invalidation line sits at 0.0710; a reclaim with strong volume would void the bearish view instantly.
๐ก With a 1:3+ risk-to-reward on the first target alone, this short has clear levels to work with. ๐ฌ Are you scaling out at each TP or waiting for the full run? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #REQ #ShortSetup #MomentumExhaustion #Crypto #Bearish
๐ป ๐