$TURBO Massive Rejection at Key Resistance! (Short Setup)
Direction: Short (Bearish) 📉
Entry Price: 0.0009990 - 0.0010020
Take Profit (TP): 0.0008680
Stop Loss (SL): 0.0011380
👉Technical Reason:
The price faced a harsh rejection right after hitting the 24h high near 0.0011250, leaving a massive upper wick on the hourly chart. It has forcefully broken back below both the 7-period MA (yellow) and 25-period MA (purple), signaling heavy selling pressure and a swift shift to bearish momentum.
Direction: Short (Bearish) 📉
Entry Price: 0.0009990 - 0.0010020
Take Profit (TP): 0.0008680
Stop Loss (SL): 0.0011380
👉Technical Reason:
The price faced a harsh rejection right after hitting the 24h high near 0.0011250, leaving a massive upper wick on the hourly chart. It has forcefully broken back below both the 7-period MA (yellow) and 25-period MA (purple), signaling heavy selling pressure and a swift shift to bearish momentum.