🚨 Everyone, stand up! $NET is rejection-bound and ready for a major pullback!
Short Trade Position: $NET Perp
Entry Zone: 313.00 – 315.00
🎯 TP1: 304.00
🎯 TP2: 296.00
🎯 TP3: 288.00
🛑 Stop Loss (SL): 318.50
🔍 Why this short position?
Local Resistance: Price encountered a sharp rejection near the 24h High ($317.24) and is struggling to build upward momentum.
Consolidation after Spike: Following a massive vertical rally from $286, buyers are losing strength, showing clear consolidation at the top with consecutive red candles on the lower timeframe.
Risk/Reward Setup: Entering near current levels ($313.11) offers a tight risk boundary just above recent highs, with high probability targets down toward support areas.
Click here to Trade 👇️
Short Trade Position: $NET Perp
Entry Zone: 313.00 – 315.00
🎯 TP1: 304.00
🎯 TP2: 296.00
🎯 TP3: 288.00
🛑 Stop Loss (SL): 318.50
🔍 Why this short position?
Local Resistance: Price encountered a sharp rejection near the 24h High ($317.24) and is struggling to build upward momentum.
Consolidation after Spike: Following a massive vertical rally from $286, buyers are losing strength, showing clear consolidation at the top with consecutive red candles on the lower timeframe.
Risk/Reward Setup: Entering near current levels ($313.11) offers a tight risk boundary just above recent highs, with high probability targets down toward support areas.
Click here to Trade 👇️
