$THE hit resistance near 0.279 and is showing signs of exhaustion with a lower high on decreasing volume. A pullback may be forming as momentum weakens below intraday resistance.
Entry: → Short near 0.2670–0.2700 if rejection holds below 0.2700
Pro Tip: If THE breaks and holds above 0.2700 with volume, the short setup is invalid. Wait for a clean rejection wick or a bearish engulfing candle to confirm. Ideal for short scalps while momentum cools off.
