🔥 $BABA USDT PERP | 15M BEARISH SETUP 📉
BABA is showing strong bearish momentum on the 15M chart.
Price: 115.96
MA structure is clearly bearish:
• MA7: 116.25
• MA25: 117.93
• MA99: 119.11
Price is trading below all three moving averages, confirming sellers remain in control.
🔴 KEY RESISTANCE
116.25–116.60
117.49–117.93
🟢 KEY SUPPORT
115.90
115.50
115.00
📌 SHORT IDEA:
Wait for a rejection around 116.25–116.60.
🎯 TP1: 115.50
🎯 TP2: 115.00
🛑 SL: 117.00
⚠️ IMPORTANT:
Funding is around -0.153%, extremely negative. Shorts are crowded, so a sharp short squeeze can happen. Don't chase the move at the bottom. Confirmation first.
Bias: BEARISH 🔴
Trade the setup, not the emotion. Always manage risk.
#BABA
BABA is showing strong bearish momentum on the 15M chart.
Price: 115.96
MA structure is clearly bearish:
• MA7: 116.25
• MA25: 117.93
• MA99: 119.11
Price is trading below all three moving averages, confirming sellers remain in control.
🔴 KEY RESISTANCE
116.25–116.60
117.49–117.93
🟢 KEY SUPPORT
115.90
115.50
115.00
📌 SHORT IDEA:
Wait for a rejection around 116.25–116.60.
🎯 TP1: 115.50
🎯 TP2: 115.00
🛑 SL: 117.00
⚠️ IMPORTANT:
Funding is around -0.153%, extremely negative. Shorts are crowded, so a sharp short squeeze can happen. Don't chase the move at the bottom. Confirmation first.
Bias: BEARISH 🔴
Trade the setup, not the emotion. Always manage risk.
#BABA