Structure remains bearish with sellers defending local highs.

EP
0.1680 – 0.1720

TP
TP1 0.1640
TP2 0.1600
TP3 0.1550

SL
0.1760

Liquidity above 0.172 remains untapped while price continues forming lower highs. Weak reactions on bounces suggest continuation to the downside if resistance holds.

Let’s go $UP ‌

UP5,88%

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TheSkyInsideTheMirroredSphere

· 6m ago

Got it. A weak rebound really indicates a problem; wait for it to give another high point before adding to your position.

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PrivateKeyInAGlassBottle

· 8m ago

This ticket is quite volatile; it is recommended to buy and sell in batches, or a single spike could ruin your mindset.

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ReflectiveKey

· 38m ago

Always lower highs, don't hold on when the rebound lacks volume; a bearish bias is not wrong.

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ForkingDrama

· 2h ago

If the price closes above 0.172 with increased volume, I will first withdraw my bearish view; going with the trend is stronger than stubbornly holding on.

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GateUser-26374bb4

· 2h ago

The short position strategy is clear; above 0.172, there is indeed liquidity that hasn't been swept.

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Salt-BakedSentimentChart

· 2h ago

TP3 0.1550 is a bit deep, but if we continue to follow the L/H structure, there's a real chance of catching it.

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RecedingTideReflection

· 2h ago

If the 0.1680-0.1720 range repeatedly consolidates sideways, it may first shake out a bunch of people before moving in a direction.

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RecedingTideAfterTheRain

· 2h ago

The seller holding the high point is too obvious; the rebound feels like it's "gasping," and it seems like it will be pushed down further.

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CandleChaser

· 2h ago

TP1 is secured first, then see if 0.160 and 0.155 can be reached in one go.

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0XNightRun

· 2h ago

Are you asking whether your bearish outlook is primarily due to declining momentum or the sell walls on the order book?

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$UP showing mild weakness with fading upside momentum.

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