🔴 $INX / USDT – Breakdown → Weak Bounce
That big red candle = structure break.
📉 What happened:
• Price was ranging under 0.0131 resistance (red line)
• Sellers defended that level hard
• Support lost → fast dump
• Now only a dead cat bounce, not strength
📊 Trade View (Short Bias):
Main Resistance: 0.01295 – 0.01310
If price rejects here again → SHORT setup
Targets:
• T1: 0.01240
• T2: 0.01220 (24h low zone)
• T3: 0.01190 (if panic continues)
Invalidation (SL for shorts):
Clean close above 0.01315
📈 Why bearish:
• Breakdown from range
• Lower high structure forming
• Volume profile shows heavy supply above
• Bounce is weak, no momentum candles
⚠️ Only turns bullish if price reclaims 0.0132 with strong candles.
Right now: sell the bounce, not buy the dip.
#INX #INXUSDT #ShortSetup #CryptoTrading #Breakdown