$1000000BOB Perpetual, here is the breakdown to complete your trade call post:
Short Trade Position Details
Entry Zone: 0.01730 – 0.01765
🎯 TP1: 0.01707 (Hit)
🎯 TP2: 0.01678 (Hit again)
🎯 TP3: 0.01578 (Final Target)
🛑 Stop Loss (SL): 0.01820
🔍 Why this short position?
Bearish Rejection & Trendline Resistance: The price experienced a strong rejection at the 0.01772 swing high, followed by lower highs forming along a descending resistance trendline on the 1-hour chart.
Moving Average Resistance: The price broke below the MA(25) at 0.01707, signaling short-term bearish momentum toward the MA(99) dynamic support line.
Risk/Reward Setup: Entering near 0.01730 allows for a tight stop loss placed safely above the recent high at 0.01820, while targeting a drop back toward the key support base around 0.01578.
Short Trade Position Details
Entry Zone: 0.01730 – 0.01765
🎯 TP1: 0.01707 (Hit)
🎯 TP2: 0.01678 (Hit again)
🎯 TP3: 0.01578 (Final Target)
🛑 Stop Loss (SL): 0.01820
🔍 Why this short position?
Bearish Rejection & Trendline Resistance: The price experienced a strong rejection at the 0.01772 swing high, followed by lower highs forming along a descending resistance trendline on the 1-hour chart.
Moving Average Resistance: The price broke below the MA(25) at 0.01707, signaling short-term bearish momentum toward the MA(99) dynamic support line.
Risk/Reward Setup: Entering near 0.01730 allows for a tight stop loss placed safely above the recent high at 0.01820, while targeting a drop back toward the key support base around 0.01578.
