$龙虾 Detailed Technical Breakdown
💥 Price has extended rapidly away from lower moving averages, printing an aggressive expansion leg. Chasing longs at current levels ~0.1427 carries high risk as overhead resistance nears. The trading plan anticipates a final liquidity sweep up into the main supply resistance zone to establish a high confluence Short position for a corrective pullback
👉 Primary Entry Zone: 0.148 - 0.161 Key overhead supply zone to execute Short limit orders on liquidity expansion
👉 Key Invalidation (SL): A clean breakout and candle close above SL > 0.1811 invalidates this Short scenario, signaling a macro structural continuation
📌 Trading Plan (Short Setup):
👉 Short Entry Zone: 0.148 - 0.161 Wait for price to push up into resistance for high-reward Short positioning
👉 Stop Loss (SL): > 0.1811 Strict invalidation level above overhead swing resistance to protect trading capital
🎯 Take Profit Targets:
🎉 TP1: 0.111 - 0.118 First major support block, lock in partial profits and move SL to breakeven
🎉 TP2: 0.082 - 0.088 Major expansion target zone testing key lower macro demand levels
Click here to view the chart 👇️👇👇
💥 Price has extended rapidly away from lower moving averages, printing an aggressive expansion leg. Chasing longs at current levels ~0.1427 carries high risk as overhead resistance nears. The trading plan anticipates a final liquidity sweep up into the main supply resistance zone to establish a high confluence Short position for a corrective pullback
👉 Primary Entry Zone: 0.148 - 0.161 Key overhead supply zone to execute Short limit orders on liquidity expansion
👉 Key Invalidation (SL): A clean breakout and candle close above SL > 0.1811 invalidates this Short scenario, signaling a macro structural continuation
📌 Trading Plan (Short Setup):
👉 Short Entry Zone: 0.148 - 0.161 Wait for price to push up into resistance for high-reward Short positioning
👉 Stop Loss (SL): > 0.1811 Strict invalidation level above overhead swing resistance to protect trading capital
🎯 Take Profit Targets:
🎉 TP1: 0.111 - 0.118 First major support block, lock in partial profits and move SL to breakeven
🎉 TP2: 0.082 - 0.088 Major expansion target zone testing key lower macro demand levels
Click here to view the chart 👇️👇👇
