🔴 $DYDX /USDT SHORT TRADE SETUP : REJECTION ZONE — BEARS BUILDING PRESSURE 🚦🛑
🎯 Entry Zone: 0.6940 – 0.6980
💰 TP1: 0.6750
💰 TP2: 0.6600
💰 TP3: 0.6420
🛡️ Stop Loss: Above 0.7105
⚙️ Leverage: 3x–5x
Trade $DYDX Here
📉 MARKET OUTLOOK:
- 🚫 Price rejected near 0.7100 after sharp pump — resistance confirmed
- 📊 RSI at 67.9 = near overbought zone, momentum slowing
- 📉 WR(14) at –16 = reversal zone active
- 📍 Price slipping below EMA(9) and testing EMA(21) — structure weakening
- 🔻 Breakdown below 0.6750 could trigger fast drop toward 0.6420
💡 WHY THIS SETUP WORKS:
- 🔄 Rejection at key resistance = ideal short entry zone
- 🧠 Indicators show fading bullish momentum and reversal signals
- 📉 Volume not supporting continuation — signs of buyer exhaustion
- 🛡️ SL above 0.7105 keeps risk tight and defined
- 🎯 Targets align with previous support zones and volume gaps