🔻 $ID /USDT Trade Setup (1H Timeframe – Bearish Bias)

Current Price: $0.1638

Chart Context:

Sharp rally from ~$0.1510 to ~$0.1665

Multiple upper wicks showing rejection near $0.165–$0.167

Early signs of bearish momentum returning as buyers stall

🔍 Technical Snapshot:

Resistance Zone: $0.1650 – $0.1680 (strong rejection & exhaustion zone)

Support Zones:

Minor: $0.1580 – $0.1600

Major: $0.1500 – $0.1520

Structure Shift: After a short uptrend, bearish engulfing/weak follow-through is appearing, which could suggest a short-term top$ID

📉 Short Trade Setup (Reversal Play)

Entry Zone: $0.1625 – $0.1645

Stop Loss: $0.1675 (above rejection zone high)

Take Profit Targets:

TP1: $0.1585 (previous minor support)

TP2: $0.1530 (key pivot & breakout origin)

TP3: $0.1480 (overshoot potential into liquidity pocket)

💡 Rationale: Price shows rejection from resistance, forming lower highs. Reversal setup is forming with confirmation from weakness in bullish candles.

$ID