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$US – Supply Overwhelming the Buyers that's why I'm short.
Short $US
Entry: 0.04060 – 0.04080
SL: 0.04250
TP1: 0.03700
TP2: 0.03550
TP3: 0.03450
Price got rejected hard from the highs and is now bleeding lower with zero buyer interest. Every tiny bounce is getting sold aggressively and downside is flowing effortlessly. Sellers are completely dominating this tape.
The tape is extremely heavy — supply keeps stacking and there's no absorption at these levels. As long as price stays below resistance, more downside is inevitable.
👉 Trade $US