๐ $STORJ DOWNDRAFT GAINING MOMENTUM โ SELLERS CAP THE BOUNCE AND HUNT FOR LOWER LIQUIDITY ๐ฃ
Entry: 0.0525โ0.0510 โก
Target: 0.0450 ๐ฏ
Target: 0.0400 ๐ฅ
Stop Loss: 0.0570 ๐
๐ This resistance zone is acting like a steel ceiling โ every rally attempt gets met with fresh supply, and the rejection candles keep getting uglier. ๐ Sellers aren't just defending this level; they're actively pressing, which tells me the path of least resistance points straight down.
โก Momentum is clearly on the short side while price remains capped below invalidation. The structure is primed for a continuation sweep through the first target, with the second sitting on clean daily support. ๐ฌ Are you fading this bounce or waiting for the breakdown confirmation before pressing the short? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STORJ #ShortSetup #Breakdown #Crypto
๐ ๐ฏ
Entry: 0.0525โ0.0510 โก
Target: 0.0450 ๐ฏ
Target: 0.0400 ๐ฅ
Stop Loss: 0.0570 ๐
๐ This resistance zone is acting like a steel ceiling โ every rally attempt gets met with fresh supply, and the rejection candles keep getting uglier. ๐ Sellers aren't just defending this level; they're actively pressing, which tells me the path of least resistance points straight down.
โก Momentum is clearly on the short side while price remains capped below invalidation. The structure is primed for a continuation sweep through the first target, with the second sitting on clean daily support. ๐ฌ Are you fading this bounce or waiting for the breakdown confirmation before pressing the short? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STORJ #ShortSetup #Breakdown #Crypto
๐ ๐ฏ