Overextension Rejection on $CHILLGUY /USDT …! Scalp Correction Setup
Short $CHILLGUY /USDT Entry: 0.0128 – 0.0135 SL: 0.0146
TP1: 0.0119 TP2: 0.0108 TP3: 0.0095
Price is showing signs of overextension after a strong move upward, with weakening continuation near the top. This suggests buyers are losing momentum and a correction phase may follow.
The current zone acts as a potential rejection area, where sellers are likely to step in. The structure favors a short-term pullback as price struggles to sustain higher levels.
As long as price remains below 0.0138, the setup supports downside continuation toward lower support zones.