$QUICK /USDT – Rejection Confirmed, Short Setup In Play
QUICK is facing heavy resistance near $0.02545 after a sharp intraday rally. Price is now pulling back, currently trading at $0.02491 with a rejection wick indicating bearish pressure.
Short Trade Setup:
Entry Zone: $0.02491 – $0.02495
Target: $0.02378
Stop Loss: $0.02545
Why Short?
Price failed to sustain above resistance with multiple rejection candles on the 15m chart. Lower highs forming with bearish volume spike.
Risk Strategy:
Use tight SL. Consider scaling out profits as price approaches the support zone.
Take Short Trade on $QUICK