$RE JUST BROKE A MAJOR SUPPORT LEVEL AND THE SELL PRESSURE IS INTENSIFYING 📉
Entry: 0.715 - 0.725 🔥
Target: 0.690, 0.660, 0.620, 0.580 🚀
Stop Loss: 0.785 ⚠️
The price action confirms a clean breakdown of key support, and the order flow suggests momentum is shifting heavily to the downside. On-chain data shows significant short positioning building up, which aligns with the current rejection candles we are seeing on the higher timeframes.
The sellers are clearly in control here, and the path of least resistance is pointing lower. Are you looking to ride this momentum down or waiting for a retest of the breakdown level?
Not financial advice. Always manage your risk.
#RE #ShortSetup #CryptoTrading #MarketAnalysis
🎯
Entry: 0.715 - 0.725 🔥
Target: 0.690, 0.660, 0.620, 0.580 🚀
Stop Loss: 0.785 ⚠️
The price action confirms a clean breakdown of key support, and the order flow suggests momentum is shifting heavily to the downside. On-chain data shows significant short positioning building up, which aligns with the current rejection candles we are seeing on the higher timeframes.
The sellers are clearly in control here, and the path of least resistance is pointing lower. Are you looking to ride this momentum down or waiting for a retest of the breakdown level?
Not financial advice. Always manage your risk.
#RE #ShortSetup #CryptoTrading #MarketAnalysis
🎯