$S FAKEOUT AT THE TOP? BEARS STRIKE BACK ❗After tagging a fresh high at $0.3496, $S faced immediate rejection and is now retracing on the 1H chart. This candle formation signals a potential bull trap, with buyers getting absorbed near resistance. Momentum has flipped and early signs of a breakdown are surfacing.

📉 Trade Setup (Short Idea):

• Entry Zone: $0.3365 – $0.3380

• Take Profit 1: $0.3300

• Take Profit 2: $0.3220

• Take Profit 3: $0.3140

• Stop Loss: $0.3415

Price is printing a sharp red candle off local highs. If sellers hold control below $0.3400, expect a deeper pullback in the coming hours.