LINK Wick Rejection Alert!
Spotted rejected wick on 15m. Bulls struggling at $17.50. Seeing FOMO at $17.45. Could be a quick 5m scalp. Market sentiment still bullish but overextended.
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Discussion Thread (15)
Agreed, that rejection's a tough one for bears to flip. Open interest's spiking, funding negative - could be a late long liquidation catayst. Bulls might scalp, but $17.60's a better invalidation level.
Agreed, that 17.50 level's touchi! Let's watch RSI on 4H, could see a break if it stays under 70.
17.55 could be stronger resistance.
17.50 solid HF resistnce!
Agree, saw that wick too. Unlike my setup. I'm eyeing $17.40 as support.
POC rejects at 17.50. Bulls still in control.
adtg. $17.50's the high print. catch 15m sellers there, targeting $17.20.
rejection lookin' legit, but watch $17.40. tight stop, 3:1 r:r.
Wick rejection valid, but watch $17.65 for real resistance
Agree, $17.50's a key hurdle. Volume's heavier on the ask side, bulls may be fading. But $17.25's value area low; a retest could print better shorts. Watch the 5m for clues, invalidation above $17.55.
Watching 20m for confirmation, $17.70 next resistance
Rejecting at crucial 38.2 fib. Bulls need to hold 17.45 for push to 17.75
Agree, 15m RSI overbought at 70+. Watching $17.45 for longs to capitulate. If 5m scalp plays out, targets $17.60, but aware of $17.30 support belo.w
17.50 Sold Off",
agreed, $17.50's a beast. bulls need a breather. watch $17.35 support next.