🚨 $HIMS REJECTS $29.40 LIQUIDITY AS BEARISH STRUCTURE LOCKS IN ⚠️
Entry: $28.60 ⚡
Target: $27.50 🚀
Stop Loss: $29.10 ⚠️
📌 The 1H chart shows a clean rejection from the $29.40 supply area, followed by lower highs and lower closes. That sequence is the market telling us buyers failed to reclaim control, leaving short-side momentum in charge. 📊
🦈 With price hovering near $28.60, the $29.00 threshold acts as a structural veto. A sustained reclaim would invalidate the bearish read, but until then, each bounce into the $28.55–$28.80 zone looks like a liquidity trap for late longs. 👇 Are you fading the retest or waiting for a reclaim above $29.00 before flipping bias?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HIMS #ShortSetup #LiquiditySweep #BearishStructure #Crypto
🦈 📉
Entry: $28.60 ⚡
Target: $27.50 🚀
Stop Loss: $29.10 ⚠️
📌 The 1H chart shows a clean rejection from the $29.40 supply area, followed by lower highs and lower closes. That sequence is the market telling us buyers failed to reclaim control, leaving short-side momentum in charge. 📊
🦈 With price hovering near $28.60, the $29.00 threshold acts as a structural veto. A sustained reclaim would invalidate the bearish read, but until then, each bounce into the $28.55–$28.80 zone looks like a liquidity trap for late longs. 👇 Are you fading the retest or waiting for a reclaim above $29.00 before flipping bias?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HIMS #ShortSetup #LiquiditySweep #BearishStructure #Crypto
🦈 📉
