$XEC /USDT – Short Trade Setting Up After Sharp Rejection! 🚨
$XEC surged to 0.00002368 but faced a strong bearish rejection, forming a clean reversal structure on the 30M chart. Sellers are stepping in at the top wick zone!
📉 Short Trade Setup:
Entry Zone: 0.00002270 – 0.00002300
🎯 TP1: 0.00002200
🎯 TP2: 0.00002160
🎯 TP3: 0.00002100
🛑 Stop Loss: Above 0.00002380
📊 Market Insight:
Strong wick rejection from local high
Bull exhaustion pattern visible
Volume decreasing after spike = reversal probability rising
💡 Pro Tip:
Use trailing stop once TP1 is hit to secure profits. Don’t overstay after the sharp rejection.
Watch closely—it’s a textbook rejection play for sharp scalpers!
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