Sellers stepping in after a failed push higher
Short
Trade Plan
Entry $0.00265 to $0.00272
Stop Loss $0.00280
TP1 $0.00255
TP2 $0.00245
TP3 $0.00230
Why this setup
$ONE showing rejection near the $0.00275 zone with lower highs forming on the 1h
Momentum fading after the recent push indicating potential short term reversal
Failure to hold above $0.00265 opens downside toward previous support levels
Debate
Do you think $ONE continues dropping toward $0.00245 or buyers step in for another bounce