๐จ
$BABAB REJECTED AT RESISTANCE โ SELLERS DEFENDING THIS LEVEL HARD! ๐จ
Entry: 120.80 - 121.20 ๐ป
Target: 119.00 / 116.85 / 112.45 ๐ฏ
Stop Loss: 122.70 ๐
๐ Price has tagged the supply wall that previously halted upside, and the reaction screams institutional defense. ๐ Without a decisive volume reclaim above this zone, the path of least resistance tilts lower โ the structure remains bearish below the ceiling.
๐ก The short thesis holds as long as sellers keep guarding this level. Watch for increasing sell-side participation to confirm the cascade toward first targets. Keep
$BTC and
$ETH on your radar for broader risk sentiment, as they will dictate follow-through on this setup.
Does this rejection mark the start of a deeper correction, or will buyers engineer one more liquidity sweep before the drop? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#BABAB #ShortSetup #Resistance #Crypto #Trading ๐ฆ ๐ฏ