đđ§ $PTB Faces Strong Rejection - Sellers Take Control at the Top
After a sharp upside spike, $PTB ran straight into heavy resistance.
Price failed to hold the highs, showing clear rejection wicks a classic sign that sellers are actively defending this zone.
This type of move often traps late buyers and creates an opportunity for a controlled pullback if risk is managed properly.
đ Trade Bias: Short (Bearish Continuation Setup)
đ Entry Zone: 0.00158 â 0.00166
đ Stop Loss: 0.00182 (above rejection high invalidation level)
đŻ Target 1: 0.00148 (first liquidity pocket)
đŻ Target 2: 0.00138 (previous demand zone)
đŻ Target 3: 0.00126 (extended move if momentum accelerates)
â ïž Why This Setup Makes Sense (Education Matters)
Rejection after a spike = distribution at highs
Sellers defending resistance shows smart money unloading
Late longs become liquidity for downside continuation
Defined SL keeps risk small if the idea is wrong
đ Trading isnât about being right itâs about protecting capital when youâre wrong.
đ§ Final Trading Reminder
đ Risk management > bias
đ Wait for confirmation, donât chase candles
đŻ Let the market come to your levels
Stay disciplined. Stay patient.
Because in crypto, survival is the real edge.
đđ Trade smart & stay safe.
#CryptoTrading #PTB #BinanceSquare #PriceAction #RiskManagement #SmartMoney #ShortSetup #TradingPsychology
