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$ELSA HITTING HEAVY RESISTANCE — SELLERS ABOUT TO TAKE CONTROL? 📉
Entry Zone: 0.05380 – 0.05450 ⚡
Target: 0.05000 / 0.04600 / 0.04200 🎯
Stop Loss: 0.05710 ⚠️
This recovery has carried
$ELSA straight into a structural supply zone where institutional sellers historically defend positioning. 🌊 The 0.05380–0.05450 pocket sits just below a major break in market structure — a rejection here would trap late bulls and fuel a fast corrective cascade. 📊
The recent rally looks increasingly like a liquidity sweep rather than a genuine trend reversal. 💡 With three downside targets stacked overhead, patience is key — wait for the bearish confirmation candle before committing capital. Sellers stepping in at this level could push price toward 0.05000 first, then deeper into the imbalance below. 🔍
💬 Do you trust this resistance zone to hold, or will
$ELSA slice through and invalidate the short thesis? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#ELSA #ShortSetup #Resistance #Crypto 🐻 📉