🚨 $COMP BEARS TARGETING LIQUIDITY BELOW AS RESISTANCE CONFLUENCE BUILDS 📉 🐻
Entry: 17.34 ⚡
Target: 17.205 🚀
Stop Loss: 17.61 ⚠️
The higher timeframe trend structure remains decisively bearish, with EMA20 and EMA50 stacked above price as dynamic resistance. 📊 Current price is hovering at a supply zone that has historically drawn institutional interest, and the 80% directional bias aligns with the daily order block rejection. 🦈 Volume suggests sellers are in control, and RSI neutrality leaves room for further downside.
This short setup offers a tight stop above recent highs for a clean risk-to-reward, targeting the liquidity pool sitting just under 17.20. 💬 Are you pressing the short at this level, or waiting for a retest of the moving averages before entering? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COMP #ShortSetup #Crypto #Bearish #Trading
🐻 📉
Entry: 17.34 ⚡
Target: 17.205 🚀
Stop Loss: 17.61 ⚠️
The higher timeframe trend structure remains decisively bearish, with EMA20 and EMA50 stacked above price as dynamic resistance. 📊 Current price is hovering at a supply zone that has historically drawn institutional interest, and the 80% directional bias aligns with the daily order block rejection. 🦈 Volume suggests sellers are in control, and RSI neutrality leaves room for further downside.
This short setup offers a tight stop above recent highs for a clean risk-to-reward, targeting the liquidity pool sitting just under 17.20. 💬 Are you pressing the short at this level, or waiting for a retest of the moving averages before entering? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COMP #ShortSetup #Crypto #Bearish #Trading
🐻 📉