đŽ $INX / USDT â Breakdown â Weak Bounce
That big red candle = structure break.
đ What happened:
âą Price was ranging under 0.0131 resistance (red line)
âą Sellers defended that level hard
âą Support lost â fast dump
âą Now only a dead cat bounce, not strength
đ Trade View (Short Bias):
Main Resistance: 0.01295 â 0.01310
If price rejects here again â SHORT setup
Targets:
âą T1: 0.01240
âą T2: 0.01220 (24h low zone)
âą T3: 0.01190 (if panic continues)
Invalidation (SL for shorts):
Clean close above 0.01315
đ Why bearish:
âą Breakdown from range
âą Lower high structure forming
âą Volume profile shows heavy supply above
âą Bounce is weak, no momentum candles
â ïž Only turns bullish if price reclaims 0.0132 with strong candles.
Right now: sell the bounce, not buy the dip.