๐ด $COLLECT REJECTED AT RESISTANCE โ BEARISH MOMENTUM BUILDING ๐
Entry: 0.0543 - 0.0549 ๐ด
Target 1: 0.0530 ๐
Target 2: 0.0518 ๐
Target 3: 0.0502 ๐
Stop Loss: 0.0565 ๐
๐ The sharp intraday rally to 0.0549โ0.0560 met instant institutional rejection, with sell-side volume expanding as price curled lower. This is classic distribution โ not a healthy pullback. The 15m structure shows a clean break of the impulsive move, and the first retest of the broken range failed. ๐
๐ If sellers hold 0.0549 as new resistance, the path to 0.0530 opens quickly, with potential to sweep into the 0.0500 liquidity zone. Wait for a retest of the entry zone rather than chasing the breakdown. ๐ฌ Do you see another sweep higher before the drop, or is the rejection already decisive? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #COLLECT #ShortSetup #Bearish #Crypto #Trading
๐ด ๐
Entry: 0.0543 - 0.0549 ๐ด
Target 1: 0.0530 ๐
Target 2: 0.0518 ๐
Target 3: 0.0502 ๐
Stop Loss: 0.0565 ๐
๐ The sharp intraday rally to 0.0549โ0.0560 met instant institutional rejection, with sell-side volume expanding as price curled lower. This is classic distribution โ not a healthy pullback. The 15m structure shows a clean break of the impulsive move, and the first retest of the broken range failed. ๐
๐ If sellers hold 0.0549 as new resistance, the path to 0.0530 opens quickly, with potential to sweep into the 0.0500 liquidity zone. Wait for a retest of the entry zone rather than chasing the breakdown. ๐ฌ Do you see another sweep higher before the drop, or is the rejection already decisive? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #COLLECT #ShortSetup #Bearish #Crypto #Trading
๐ด ๐