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$BINARENSHENG REJECTION AT RESISTANCE AFTER SHARP PUMP – BEARS IN CONTROL 🔥
Entry: 0.7700 – 0.7800 🔥
Target: 0.7400 🚀
Stop Loss: 0.8200 ⚠️
The impulsive rally from the 0.7000 area has hit a wall near 0.7800-0.8000, with 4H wicks showing aggressive profit-taking. Volume is declining on the pullback, confirming sellers are stepping in at the same zone that acted as resistance last week.
A breakdown below 0.7700 would likely trigger a cascade toward the next liquidity pool near 0.7400, where the previous breakout structure sits. Are you shorting at this zone or waiting for a retest of the low?
Not financial advice. Always manage your risk.
#BINARENSHENG #ShortSetup #Bearish #Crypto
⚡
Entry: 0.7700 – 0.7800 🔥
Target: 0.7400 🚀
Stop Loss: 0.8200 ⚠️
The impulsive rally from the 0.7000 area has hit a wall near 0.7800-0.8000, with 4H wicks showing aggressive profit-taking. Volume is declining on the pullback, confirming sellers are stepping in at the same zone that acted as resistance last week.
A breakdown below 0.7700 would likely trigger a cascade toward the next liquidity pool near 0.7400, where the previous breakout structure sits. Are you shorting at this zone or waiting for a retest of the low?
Not financial advice. Always manage your risk.
#BINARENSHENG #ShortSetup #Bearish #Crypto
⚡
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