MET is stuck below the 20‑EMA on the 4‑hour chart, trading inside a shrinking descending channel as sellers dominate the last two days.
🔴 $MET SHORT 📉
Entry → $0.269031-$0.269569
Stop → $0.277379 (-3.0%)
TP1 → $0.265260 (+1.5%)
TP2 → $0.255835 (+5.0%)
R/R 1:1.7 • Confidence 60%
The market structure broke to the downside (CHoCH), confirming a bearish swing, and a fresh order block formed under the last high. A point of interest emerges where that order block overlaps a fair value gap, tightening the confluence. The price is now testing that zone, making the short bias clear.
A 3 % stop equals a 1.7 R risk on a 1:1.7 reward, so using no more than 3× leverage keeps the trade within a safe equity drawdown.
Consider scaling out half the position once the first target is hit, locking in profit around the initial resistance level.
Not financial advice — always manage your own risk 🙏
$MET #METUSDT #THORChain #TradingSignals #Write2Earn
🔴 $MET SHORT 📉
Entry → $0.269031-$0.269569
Stop → $0.277379 (-3.0%)
TP1 → $0.265260 (+1.5%)
TP2 → $0.255835 (+5.0%)
R/R 1:1.7 • Confidence 60%
The market structure broke to the downside (CHoCH), confirming a bearish swing, and a fresh order block formed under the last high. A point of interest emerges where that order block overlaps a fair value gap, tightening the confluence. The price is now testing that zone, making the short bias clear.
A 3 % stop equals a 1.7 R risk on a 1:1.7 reward, so using no more than 3× leverage keeps the trade within a safe equity drawdown.
Consider scaling out half the position once the first target is hit, locking in profit around the initial resistance level.
Not financial advice — always manage your own risk 🙏
$MET #METUSDT #THORChain #TradingSignals #Write2Earn