**Short Trade Setup (MORPHOUSDT PERPETUAL - 15m Chart)**
The SignalX overlay on the chart indicates a **Long Signal** around **2.7590**; however, looking pure price action, the token hit a peak near **2.88** and is currently consolidating sideways below **2.80**. A rejection at current levels provides a tight short setup targeting a pullback toward lower moving average support.
### Trade Parameters
* **Entry Zone:** **2.759 – 2.780** (Current price up to local consolidation resistance)
* **Target 1 (TP1):** **2.680** (25 EMA area)
* **Target 2 (TP2):** **2.580** (50 EMA & structural support line)
* **Stop-Loss (SL):** **2.825** (Above the recent lower-high swing peak)
### Key Level Summary
| Parameter | Level | Detail |
|---|---|---|
| **Strategy** | Short (Overhead Rejection) | Fade the local consolidation top |
| **Risk / Reward** | ~1:2.1 | Clear risk boundary above 2.82 |
| **Invalidation** | 15m candle close above **2.820** | Shifts momentum back toward 2.88 high |
To properly calibrate this signal, what leverage and position size are you planning to use?