$NAORIS REJECTION CONFIRMED โ BEARS ARE NOW IN CONTROL ๐ฅ
Entry: 0.0406 - 0.0411 ๐ฅ
Target: 0.0395, 0.0382, 0.0369 ๐
Stop Loss: 0.0425 โ ๏ธ
The local resistance zone held like a wall and sellers stepped in hard right at that level. If $NAORIS can't flip this zone back to support, the path of least resistance is down toward the next demand levels. The rejection candle on the 15m tells me momentum is shifting fast.
You're looking at a clean risk-to-reward if the breakdown holds. Are you shorting this dip or waiting for a retest first?
Not financial advice. Always manage your risk.
#NAORIS #ShortSetup #Bearish #Crypto
๐
Entry: 0.0406 - 0.0411 ๐ฅ
Target: 0.0395, 0.0382, 0.0369 ๐
Stop Loss: 0.0425 โ ๏ธ
The local resistance zone held like a wall and sellers stepped in hard right at that level. If $NAORIS can't flip this zone back to support, the path of least resistance is down toward the next demand levels. The rejection candle on the 15m tells me momentum is shifting fast.
You're looking at a clean risk-to-reward if the breakdown holds. Are you shorting this dip or waiting for a retest first?
Not financial advice. Always manage your risk.
#NAORIS #ShortSetup #Bearish #Crypto
๐