๐ด $COOKIE REJECTED AT MAJOR RESISTANCE โ SHORT SETUP ACTIVE! ๐
Entry: 0.0110 ๐ป
Target: 0.0100 โ 0.0095 โ 0.0091 โ 0.0085 ๐ฏ
Stop Loss: 0.0120 โ ๏ธ
COOKIE just got slapped off that resistance shelf after a nasty rally โ the momentum traders who chased the top are now on the wrong side of the bid. ๐ Price is printing lower highs while volume dries up on each bounce, a classic sign that the fuel tank is on empty.
The 0.0120 ceiling is the line in the sand. As long as buyers can't reclaim that level, the path of least resistance is down toward the first liquidity pool at 0.0100. ๐ก I'm watching for a sweep of those lows to trigger the next leg.
๐ The short remains live until that invalidation. ๐ฌ Are you shorting this rejection or waiting for a retest of the zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #COOKIE #ShortSetup #Bearish #ResistanceRejection #Crypto
๐ป ๐
Entry: 0.0110 ๐ป
Target: 0.0100 โ 0.0095 โ 0.0091 โ 0.0085 ๐ฏ
Stop Loss: 0.0120 โ ๏ธ
COOKIE just got slapped off that resistance shelf after a nasty rally โ the momentum traders who chased the top are now on the wrong side of the bid. ๐ Price is printing lower highs while volume dries up on each bounce, a classic sign that the fuel tank is on empty.
The 0.0120 ceiling is the line in the sand. As long as buyers can't reclaim that level, the path of least resistance is down toward the first liquidity pool at 0.0100. ๐ก I'm watching for a sweep of those lows to trigger the next leg.
๐ The short remains live until that invalidation. ๐ฌ Are you shorting this rejection or waiting for a retest of the zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #COOKIE #ShortSetup #Bearish #ResistanceRejection #Crypto
๐ป ๐