$1INCH SHORT SETUP: FAKE RECOVERY SWEEPS LIQUIDITY ๐ฅ
Entry: 0.0706 - 0.0728 ๐ฅ
Target: 0.0678, 0.0645, 0.0610 ๐
Stop Loss: 0.0780 โ ๏ธ
The move into the 0.0728 zone aligns with a key resistance level that has rejected price twice this week. Volume is declining on the hourly as price climbs โ a classic sign of a weak push designed to trap late longs. The daily chart shows a clear break of the earlier uptrend structure, and the retest of that broken level is where smart money typically distributes.
This is a measured short with a 1:2.5 R:R if we target the first take-profit. Do you see the liquidity below 0.0678 as the real magnet here?
Not financial advice. Always manage your risk.
#1INCH #ShortSetup #Fakeout #Crypto ๐ฅ