$BROCCOLI714 lastested the $0.0348 – $0.0350 resistance zone and failed to break above convincingly. Multiple rejections at this level indicate strong selling pressure. Bears may take control if price stays under this zone.
Trade Setup (Short):
Entry Zone: $0.0344 – $0.0348
Target 1: $0.0334
Target 2: $0.0325
Target 3: $0.0310
Stop-Loss: $0.0350 – $Broccoli
The chart shows a rising test into resistance with low momentum. Any move below $0.0343 can trigger a sharper drop. Bears will likely push toward deeper supports if rejection continues.