Trading Plan Short BILL
$BILL wicked the $0.03226 high on the 1H, buyers got stuffed.
Entry: $0.03112-$0.03207
Stoploss: $0.03350
Targets: $0.02900 / $0.02700 / $0.02450
BILL saw a clean rejection off 0.03226 resistance. Taker sell volume high. Funding is neutral but shorts paid more recently. OI bleeding 1.59% in 24h. BB width contracting, a squeeze building. This is a trap for late longs. Reclaim 0.03350, short voided.
#BinanceSquareTalks
Trade $BILL here 👇
$BILL wicked the $0.03226 high on the 1H, buyers got stuffed.
Entry: $0.03112-$0.03207
Stoploss: $0.03350
Targets: $0.02900 / $0.02700 / $0.02450
BILL saw a clean rejection off 0.03226 resistance. Taker sell volume high. Funding is neutral but shorts paid more recently. OI bleeding 1.59% in 24h. BB width contracting, a squeeze building. This is a trap for late longs. Reclaim 0.03350, short voided.
#BinanceSquareTalks
Trade $BILL here 👇