【$FLUID Signal】Short | Weak rebound after volume break

$FLUID After experiencing a -28% volume-driven plunge, it is now undergoing a weak rebound. The price action shows a typical downward continuation, with high open interest accompanying the decline, indicating that longs are being liquidated or that the main force is distributing.

🎯Direction: Short (Short)

🎯Entry: 2.75 - 2.85

🛑Stop Loss: 3.05 (Rigid Stop Loss)

🚀Target 1: 2.40

🚀Target 2: 2.00

The plunge in $FLUID was accompanied by massive volume and high open interest, which is a strong bearish signal. The current rebound is weak, failing to recover the 38.2% Fibonacci retracement of the key decline, indicating a technical pullback within the supply zone. The market shows weak buying absorption, and any rebound near the entry zone is a new shorting opportunity. The main logic is to follow the inertia of liquidation and distribution-driven decline.

Trade 👇 $FLUID
here
---$FLUID ‌

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