$ONE SHORT: Sellers Need to Defend Resistance
Short Trade Setup
Entry Zone: 0.0020915 – 0.0020936
TP1: 0.0020778
TP2: 0.0020669
TP3: 0.0020559
Stop Loss: 0.0021052
Why consider this setup?
The 0.0020915–0.0020936 zone is where sellers need to step in and show clear rejection. Resistance around 0.0021037 remains an important level to watch.
If selling pressure increases and the price starts moving lower, 0.0020778 could be the first target. A continued decline may bring 0.0020669 into focus, with 0.0020559 as a further downside level.
However, confirmation matters. If the price breaks above 0.0021052, the short setup is invalidated.
The plan is simple: wait for price to reach the entry zone, look for signs of selling pressure, and avoid entering late after the move has already started.
Always manage your risk and remember that no trade setup guarantees a profit.
Short Trade Setup
Entry Zone: 0.0020915 – 0.0020936
TP1: 0.0020778
TP2: 0.0020669
TP3: 0.0020559
Stop Loss: 0.0021052
Why consider this setup?
The 0.0020915–0.0020936 zone is where sellers need to step in and show clear rejection. Resistance around 0.0021037 remains an important level to watch.
If selling pressure increases and the price starts moving lower, 0.0020778 could be the first target. A continued decline may bring 0.0020669 into focus, with 0.0020559 as a further downside level.
However, confirmation matters. If the price breaks above 0.0021052, the short setup is invalidated.
The plan is simple: wait for price to reach the entry zone, look for signs of selling pressure, and avoid entering late after the move has already started.
Always manage your risk and remember that no trade setup guarantees a profit.