$BILL Faces Resistance After a Strong Recovery

After a solid recovery from the recent low, $BILL is showing signs of weakness near the $0.0450 resistance zone.

The latest rejection suggests sellers are becoming active, making this a potential short trade setup.

As long as the price stays below $0.0455, the downside targets are $0.0425 and $0.0405. If selling pressure increases, the price could extend toward $0.0390.

A strong breakout above $0.0455 would invalidate the bearish setup and could lead to another push higher.

For now, the short-term momentum favors the bears after the recent recovery.

$BILL