$牛来 Guys SHORT going well here
The bounce from 0.07246 is there, but the bigger 1H structure is still bearish. Price is below the MA25 (0.07771) and MA99 (0.08298), while RSI around 48 is not showing strong bullish momentum.
🔴 SETUP SHORT
SL: 0.0792
TP: 0.0745 / 0.0725
Support: 0.0745 / 0.07246
Resistance: 0.0775–0.0790
WHY SHORT?
This looks more like a relief bounce after the drop than a confirmed trend reversal. I want to see price push into 0.0765–0.0775, then reject. If it loses 0.0745, the recent low around 0.07246 becomes the obvious target.
OPEN TRADE 👇🏻
$龙虾 #ChineseMemeCoinWave #TradingSetup $MEME
The bounce from 0.07246 is there, but the bigger 1H structure is still bearish. Price is below the MA25 (0.07771) and MA99 (0.08298), while RSI around 48 is not showing strong bullish momentum.
🔴 SETUP SHORT
SL: 0.0792
TP: 0.0745 / 0.0725
Support: 0.0745 / 0.07246
Resistance: 0.0775–0.0790
WHY SHORT?
This looks more like a relief bounce after the drop than a confirmed trend reversal. I want to see price push into 0.0765–0.0775, then reject. If it loses 0.0745, the recent low around 0.07246 becomes the obvious target.
OPEN TRADE 👇🏻
$龙虾 #ChineseMemeCoinWave #TradingSetup $MEME
