$ARIA – Relief Bounce Into Resistance | Fade the Squeeze 🔻
After a prolonged downtrend, $ARIA attempted a relief bounce — but price ran straight into a heavy resistance zone. The upside move lacked follow-through and was immediately met with strong sell pressure on the first test, signaling this bounce is corrective, not a trend reversal.
Momentum is now rolling over again, and buyers are failing to get acceptance above the 0.095 area. As long as price remains below resistance, downside continuation remains the higher-probability play.
📉 Short Setup – $ARIA
Entry: 0.091 – 0.095
Stop Loss: 0.101
TP1: 0.082
TP2: 0.072
TP3: 0.058
Why this trade works 👇
Relief bounce into a clear resistance zone
Sellers stepped in aggressively on first resistance test
Weak follow-through from buyers
Momentum shifting back in favor of bears
Market structure still bearish
⚠️ In strong downtrends, relief bounces are often selling opportunities, not buys.
Trade smart. Manage risk. Let the chart do the talking. 📊🔥
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