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$MMT REJECTS RESISTANCE – BEARISH STRUCTURE CONFIRMED ⚠️
Entry: 0.1780 - 0.1795 ⚡
Target: 0.1740 / 0.1695 / 0.1645 🚀
Stop Loss: 0.1828 🛑
🔍 Rejection at the supply zone near 0.1828 formed a clear lower high on the 1H chart, signaling waning buyer conviction. This is a textbook liquidity grab before the move—smart money likely offloading into the recent rally. 📉 Price action shows consecutive bearish candles breaching minor support, and momentum divergence on the RSI supports further downside.
💡 With the first target at 0.1740 sitting just below a former demand level, a breakdown there could accelerate toward the 0.1645 region. The pattern is clean, the structure is bearish, and the risk-to-reward on the short side is compelling. 💬 Are you waiting for a retest of the zone or entering on the current breakdown? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#MMT #ShortSetup #Bearish #Crypto #TradingSetup 🐻 📉