SHORT SETUP POTENTIAL – $JASMY

Key Technical Insights:

1. Sharp V-Reversal & Supply Zone Rejection:

A rapid upward move followed by rejection at a known supply zone indicates possible bullish exhaustion. This could also reflect a liquidity grab—where buy orders have been absorbed, making room for sellers to dominate.

2. Bearish Momentum on Higher Timeframes:

The larger trend suggests that the recent upward push may have run its course, potentially signaling the start of a broader downtrend.

3. Bearish Structure on the 15-Minute Chart:

The formation of lower highs and lower lows after hitting resistance adds weight to the bearish case, reinforcing short-term downside potential.

4. Bearish Fractal at Entry ($0.01431):

The appearance of a bearish fractal pattern at this level serves as a possible entry trigger, hinting at a trend reversal based on recurring price behavior.

5. Favorable Risk-to-Reward Ratio (5R):

With a 5:1 risk-reward setup, the trade offers a strong potential return compared to the risk involved.

Trade Parameters (Educational Only):

Entry: $0.01431

Stop Loss: $0.01450

Take Profit: $0.01339

Disclaimer: This analysis is for educational purposes only and not financial advice.

What’s your view on this setup? Drop your thoughts below—let’s discuss!

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