$W /USDT – Short Setup After Relief Bounce
$W has shown a quick recovery after a sharp drop, but price is now near recent resistance and could face rejection again.
Short Entry: 0.0647
Take Profit 1: 0.0630
Take Profit 2: 0.0616
Take Profit 3: 0.0602
Stop Loss: 0.0668
Rationale: • Price bounced from 0.0624 but hit resistance near previous breakdown zone
• Bearish momentum still dominant on higher timeframe
• 15m showing early signs of topping with weak follow-up candles
Wait for confirmation and use a tight stop to manage risk. Ideal for short scalpers watching structural retest levels.
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