🔻 $THE USDT Short Trade Signal | Rejection at Resistance!
📉 Key Levels & Setup:
Resistance Zone: 0.3160–0.3176 (Strong rejection observed)
Entry Zone: 0.3160–0.3176 (Optimal short entry on retest)
Stop Loss: 0.3300 (Above recent swing high)
Take Profit: 0.2870 (Next major support)
Leverage: 10x | Risk: 2–3% of capital
🔍 Why This Trade?
Upper Wick Rejections: Multiple failed attempts to break resistance.
Bullish Exhaustion: Buyers losing momentum, volume declining.
Bearish Continuation Likely: If resistance holds, expect drop toward 0.2870.
📊 Confirmation Signals:
✅ Lower highs forming on smaller timeframes (15M/1H).
✅ Volume fading on up-moves, suggesting weak demand.
✅ MACD/RSI divergence (if present, strengthens the setup).
⚡ Trade Execution Plan:
Wait for confirmation (rejection candle or bearish engulfing near resistance).
Enter short between 0.3160–0.3176.
Stop Loss above 0.3300 (invalidates bearish structure).
Take Profit at 0.2870 (scaling out partials recommended).
⚠️ Risk Warning:
If price closes above 0.3176 with strong volume, reconsider the trade.
Trade small—volatility can spike during rejections.
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