#THETA 1D. Swing High Rejected – What's Next? 06/11/25

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We are currently in a consolidation range. After updating the swing high, price immediately faced seller pressure from the top of the structure.

Why did this happen?
Many participants were stuck in losses for a long time and decided to exit at breakeven as soon as price gave them the chance — totally understandable.

Key levels for the setup:
Yellow lines – potential entry points.

Red lines – stop-loss levels, depending on your risk appetite (marked two options).

Green lines – target areas.

Whether you go with spot or futures — the setup is there. Choose your strategy accordingly.

DYOR.

Penafian

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