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LedgerBull

$ST showing heavy downside continuation with clear selling pressure.


Structure remains bearish with sellers fully in control.

EP
0.07600 - 0.08000

TP
TP1
0.07000
TP2
0.06500
TP3
0.05800

SL
0.08800

Strong selloff cleared liquidity across multiple levels and price is now holding near lows. Any bounce into the entry zone looks like a weak reaction into supply, with structure favoring continuation as long as lower highs persist.

Let’s go $ST ‌
ST-45,94%
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GasFeesAfterTheRain
· 2h ago
This RR is pretty good: from the entry zone to TP1/2 is quite favorable, as long as 0.088 doesn't break, continue to look for a short.
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RationalRugChecker
· 3h ago
I will watch the reaction around 0.080. If it just dips briefly and then drops, the success rate of short positions is quite high.
View OriginalReply0
QuantumLittleTomato
· 3h ago
0.076-0.08 This supply zone looks very clean; it’s easy to get smashed when it rebounds properly. Setting the stop loss at 0.088 is also reasonable.
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GateUser-8d51653b
· 3h ago
After breaking through multiple layers of liquidity and still staying near the lows, a weak rebound is just giving money to the bears. If LL/LH doesn't change, I am more inclined to follow the trend.
View OriginalReply0
HotspotChaser
· 3h ago
TP3 0.058 That's a bit aggressive, but given the current momentum, it's not impossible. The key is whether there will be a significant increase signaling a halt to the decline.
View OriginalReply0
MerkleGarden
· 3h ago
This structure is indeed somewhat empty; wait for the pullback to give an opportunity.
View OriginalReply0

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