$TREE SHORT AT RESISTANCE WITH A CLEAN 2:1 R:R 🔥
Entry: 0.046 🔥
Target: 0.044 / 0.042 🚀
Stop Loss: 0.048 ⚠️
This rejection at 0.046 is textbook — price hit a key supply zone and stalled immediately on the 1H. Volume dropped off as it tried to push higher, meaning buyers aren't stepping up here. The downside to 0.044 is just a few cents away, and if that flips, 0.042 opens fast.
First target gives you a quick 4.3% move with the stop tight at 0.048. Once TP1 hits, lock in some profit and move stop to entry. Playing shorts into resistance isn't for everyone — are you taking the setup or waiting for a retest?
Not financial advice. Always manage your risk.
#TREE #ShortSetup #ResistanceTrade #Crypto
🔥
Entry: 0.046 🔥
Target: 0.044 / 0.042 🚀
Stop Loss: 0.048 ⚠️
This rejection at 0.046 is textbook — price hit a key supply zone and stalled immediately on the 1H. Volume dropped off as it tried to push higher, meaning buyers aren't stepping up here. The downside to 0.044 is just a few cents away, and if that flips, 0.042 opens fast.
First target gives you a quick 4.3% move with the stop tight at 0.048. Once TP1 hits, lock in some profit and move stop to entry. Playing shorts into resistance isn't for everyone — are you taking the setup or waiting for a retest?
Not financial advice. Always manage your risk.
#TREE #ShortSetup #ResistanceTrade #Crypto
🔥
