$REKT is approaching a supply zone where sellers are likely to step in.

REKT has risen from 0.0000000934 to 0.000000111 — a 18% gain. Price is now nearing a resistance level where selling pressure has historically increased. RSI at 66 — getting warm. Volume is moderate but fading.

Trading Plan Short $REKT

Entry: 0.000000110 – 0.000000112

SL: 0.000000115

TP1: 0.000000107

TP2: 0.000000102

TP3: 0.000000096

The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective. If sellers defend this zone, we could see a pullback toward the liquidity beneath the recent swing lows.

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