🚨 $B / USDT — BEARISH REJECTION AT LOCAL PEAK! 📉 [Short]
ENTRY: 0.2315 – 0.2367 🎯
STOP LOSS: 0.2520 🛑 (Safe zone above the fresh 24h high and psychological resistance)
TP 1: 0.2180 ✅
TP 2: 0.2050 🔥 (Key structural support level)
TP 3: 0.1918 🚀 (Full retest of the 24h low and major demand zone)
Why are we Shorting? 🐻
Rejection at 24h High: The B token reached a local peak of $0.2367 but immediately faced selling pressure, forming a bearish rejection wick on the 1H chart. The price is now struggling to hold the $0.2324 level. 🧱📉
Parabolic Exhaustion: The asset has surged +20.54% recently, moving almost vertically from its 24h low of $0.1918. Such rapid extensions often lead to a "mean reversion" as early buyers rotate profits. 📉🩸
MACD Momentum Slowdown: While the MACD is currently positive (DIF: 0.0072), the most recent histogram bars on the 1H chart are beginning to lose their bright green intensity, signaling that the initial aggressive buying surge is tapering off. 📉🌪️
Volume Climax: A massive volume spike accompanied the push to $0.2367, but the subsequent candles show declining volume despite the price remaining high. This "volume-price divergence" typically indicates a lack of follow-through from bulls. 🐋🔨
We are playing the technical pullback after a massive rally! 🛡️ By setting an entry between 0.2315 and 0.2367, we capitalize on the inability of the price to breach the local high. The Stop Loss at 0.2520 protects against any unexpected volatility wicks. Focus on the 0.2050 zone for significant profit-taking, as this represents the first major structural shelf on the way down! 🌊📉
Is the B token rally losing steam? 🛑📉 Will it find support at $0.218 or crash back to its $0.191 floor? Share your bearish targets below! 👇
