MEMEFI/USDT Bearish Rejection at Supply Zone Incoming? Down!!Price is currently approaching a key supply zone after a sharp drop, with signs of weakness on the lower timeframe. The recent bullish push appears corrective, forming a potential lower high structure.
Looking for price to tap into the highlighted supply area and show rejection — this could confirm a short opportunity.
Entry: 0.00447
Stoploss: 0.00466
Target:
• TP1: 0.00428
• TP2: 0.00412
• TP3: 0.00398
• Final TP: 0.00370
This setup aligns with a bearish continuation bias unless price breaks cleanly above the zone.