$ELSA TESTS HEAVY RESISTANCE AFTER RECOVERY — SHORT SETUP IN PLAY 🔴
Entry: 0.05380 – 0.05450 ⚡
Target: 0.05000 🎯
Target: 0.04600 🎯
Target: 0.04200 🎯
Stop Loss: 0.05710 ⚠️
📊 The rally into this upper supply zone looks exhausted. Price tagged 0.05450 and met aggressive seller interest — this is exactly where institutional shorts have been positioned since the breakdown. A rejection here would likely send
$ELSA back toward the 0.05000 liquidity pool, with deeper targets waiting below. 🔍
💡 Watch for a closing candle below 0.05380 to confirm the reversal. If buyers fail to reclaim 0.05710, the correction could cascade with momentum. 📉 The risk-to-reward on this setup is compelling, but it demands patience for structure to confirm. 💬 Are you fading this rally at resistance, or waiting for a clean sweep before entering? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#ELSA #ShortSetup #Resistance #Crypto 🐻 🎯