$AZTEC Just Got Rejected Hard and The Short Window Is Open 🔴
Pumped to 0.02341. Got rejected immediately. Now breaking down with RSI on the 1H crashing to 28.86 in a single move 👀
That rejection was not subtle. That was a statement from sellers 📉
Here is what both charts are telling me 👇
Daily gives the bigger picture 📊
Price recovered nicely from 0.01753 lows and built a base. EMA7 and EMA25 curling upward on the daily which tells me the longer term structure is not broken. But short term? The rejection from 0.02341 on high volume was aggressive and needs to play out before bulls can make another attempt 🧠
1H confirms the short setup 🔥
Price peaked at 0.02341, formed a clear lower high, then broke down through EMA7 and EMA25 simultaneously. RSI at 28.86 is approaching oversold but structure is still pointing lower. Volume fading on bounces and spiking on drops. Sellers in control right now 💎
Here is the setup 👇
🔴 AZTECUSDT SHORT
📌 Entry: 0.0222 — 0.0226
❌ SL: 0.0235
🎯 TP1: 0.0215
🎯 TP2: 0.0208
🎯 TP3: 0.0200
Why this setup makes sense right now 👇
Strong rejection from 0.023 highs with no follow through from buyers. Lower highs forming on the 1H. Selling pressure intensifying after losing EMA support. Every bounce attempt is being absorbed by sellers. The path of least resistance is currently downward toward those demand zones 📌
RSI at 28.86 on 1H means a brief relief bounce is possible. Wait for the entry zone patiently. Do not chase below 0.0222 👀
Manage your size. Respect the stop. Trade the structure not the emotion 🙏
$AZTEC rejected hard from the highs. Do you think it finds support at 0.0200 or breaks lower? Drop your level below 🔥
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