$CBRS INSTITUTIONAL SHORTS DOMINATE - SHORT SETUP IS LIVE ๐ด
Entry: $195.00 - $198.00 ๐ฅ
Target: $180.00 ๐
Stop Loss: $205.00 โ ๏ธ
The numbers don't lie โ $6.29M in institutional short volume against just $114K in longs. That's a 55:1 ratio pointing to heavy distribution. Smart money is already positioned for the next leg down, and a retest of the Fair Value Gap between $195 and $198 gives us a clean entry to align with them.
Volume profile confirms the selling pressure is unmitigated. First target at $180 offers a 1:2 R:R before you even get to $170 and $160. Price is within reach of the zone now โ are you adding to the short side or waiting for confirmation?
Not financial advice. Always manage your risk.
#CBRS #ShortSetup #Distribution #Crypto
๐ฏ
Entry: $195.00 - $198.00 ๐ฅ
Target: $180.00 ๐
Stop Loss: $205.00 โ ๏ธ
The numbers don't lie โ $6.29M in institutional short volume against just $114K in longs. That's a 55:1 ratio pointing to heavy distribution. Smart money is already positioned for the next leg down, and a retest of the Fair Value Gap between $195 and $198 gives us a clean entry to align with them.
Volume profile confirms the selling pressure is unmitigated. First target at $180 offers a 1:2 R:R before you even get to $170 and $160. Price is within reach of the zone now โ are you adding to the short side or waiting for confirmation?
Not financial advice. Always manage your risk.
#CBRS #ShortSetup #Distribution #Crypto
๐ฏ