$RLS USDT SHORT TRADE SIGNALđ„đŻ
After a strong impulsive pump, price has printed an exhaustion move followed by a sharp bearish rejection from the highs. The long upper wick and aggressive sell-off indicate profit-taking and potential trend reversal. Price is now breaking down from the local top, suggesting a short-term bearish continuation as momentum cools off.
Trade Setup (Short):
âą Entry: 0.00735 â 0.00755
âą TP1: 0.00700
âą TP2: 0.00660
âą TP3: 0.00620
âą SL: 0.00795
Market Outlook:
Market sentiment remains volatile after the sharp pump, and failure to reclaim the recent high keeps pressure on the downside. Expect further pullback or consolidation before any sustainable recovery. Bearish bias remains valid below the rejection zone.
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