VTHO is testing a strong resistance near 0.0455 after a clean break of the prior swing high. The price is now perched on a confluence of order block and fair value gap, primed for a short move.
🔴 $VTHO SHORT 📉
Entry $0.000539-$0.000540 | SL $0.000556 (-3.0%) | TP1 $0.000532 (+1.5%) | TP2 $0.000513 (+5.0%) | R/R 1:1.7 | Conf 65%
The CHoCH on the 1-hour chart snapped the bullish structure, while CVD showed heavy selling pressure confirming the shift. An order block anchored at 0.0470 overlaps a fair value gap, creating a POI that aligns with the breakout. With the market now respecting the 0.0455 zone, the short bias looks solid.
A 3.0% stop is relatively tight, so use no more than 5-10x leverage to keep risk manageable.
Take half profit at the first target around 0.0430 to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$VTHO #VTHOUSDT #Cardano #TradingSignals #Write2Earn
🔴 $VTHO SHORT 📉
Entry $0.000539-$0.000540 | SL $0.000556 (-3.0%) | TP1 $0.000532 (+1.5%) | TP2 $0.000513 (+5.0%) | R/R 1:1.7 | Conf 65%
The CHoCH on the 1-hour chart snapped the bullish structure, while CVD showed heavy selling pressure confirming the shift. An order block anchored at 0.0470 overlaps a fair value gap, creating a POI that aligns with the breakout. With the market now respecting the 0.0455 zone, the short bias looks solid.
A 3.0% stop is relatively tight, so use no more than 5-10x leverage to keep risk manageable.
Take half profit at the first target around 0.0430 to lock in gains.
As always: manage your risk, this is not financial advice 🙏
$VTHO #VTHOUSDT #Cardano #TradingSignals #Write2Earn