SHORT #REEFUSDT from $0.001358 stop loss $0.001407

1h TF. A cascade of levels/liquidity pool has been formed, behind which the stops of the participants, they will serve as fuel for the downward impulse. At the extremes, volumes increase from the sellers. A local false exit beyond the channel boundaries was also carried out, which indicates the buyer's weakness. I expect a squeeze to the level, the formation of a local trade on the 5-minute timeframe, and as a result, the breakout itself. Entry is carried out at the moment of the breakout, the stop is placed behind the formed local trade.

TP1 - $0.001276

TP2 - $0.001237

TP3 - $0.001209