⭐ $SAHARA parabolic exhaustion and rejection wick signal downside correction potential.
Trading Plan SHORT: SAHARA
Entry: 0.0224 – 0.0228
Stop-Loss: 0.0285
TP1: 0.0200
TP2: 0.0180
TP3: 0.0150
$SAHARA accelerated into a parabolic move on the 4H timeframe, leaving visible inefficiency below while momentum showed signs of exhaustion near the highs. The rejection wick around the 0.025–0.026 zone reflects strong supply and profit-taking from earlier buyers, suggesting weakening follow-through. If price remains capped beneath this rejection area, the setup favors a corrective downside move toward lower liquidity zones.
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