๐จ $SOMI HITTING HEAVY RESISTANCE AS BUYERS EXHAUST AT THE TOP! ๐
Entry: 0.1575 โก
Target: 0.1534 ๐
Stop Loss: 0.1598 โ ๏ธ
๐ The momentum rally into 0.1575 is showing clear signs of buyer exhaustion as upper wicks stack up right at resistance. ๐ Sellers are defending this supply block aggressively, creating a high-probability short distribution structure.
๐ก A clean rejection from this level opens the path for a slide back down toward 0.1534 liquidity. ๐ป Keeping tight risk control above 0.1598 ensures a disciplined setup while avoiding the trap of chasing overextended moves.
๐ฌ Are you shorting this resistance rejection or waiting for lower confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOMI #ShortSetup #CryptoTrading #Bearish #TechnicalAnalysis
๐ ๐ฏ
Entry: 0.1575 โก
Target: 0.1534 ๐
Stop Loss: 0.1598 โ ๏ธ
๐ The momentum rally into 0.1575 is showing clear signs of buyer exhaustion as upper wicks stack up right at resistance. ๐ Sellers are defending this supply block aggressively, creating a high-probability short distribution structure.
๐ก A clean rejection from this level opens the path for a slide back down toward 0.1534 liquidity. ๐ป Keeping tight risk control above 0.1598 ensures a disciplined setup while avoiding the trap of chasing overextended moves.
๐ฌ Are you shorting this resistance rejection or waiting for lower confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOMI #ShortSetup #CryptoTrading #Bearish #TechnicalAnalysis
๐ ๐ฏ
