$NIL: Derivative Data Shows Heavy Long Liquidations Incoming
SHORT SETUP NIL
Entry: $0.08500 - $0.08530
Stop Loss: $0.08850
Take Profit: $0.07845 (2R)
Key Levels: Support $0.08391 | Resistance $0.08528
Technical Analysis for $NIL: The price sits below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative and under its signal, while RSI at 36 and Stochastic K at 14 signal weak momentum. ADX above 30 shows a strong trend. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is up 1.6% with a bullish 24h move, and the broader market is broadly positive (81.5% green), providing an overall bullish
SHORT $NIL
SHORT SETUP NIL
Entry: $0.08500 - $0.08530
Stop Loss: $0.08850
Take Profit: $0.07845 (2R)
Key Levels: Support $0.08391 | Resistance $0.08528
Technical Analysis for $NIL: The price sits below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative and under its signal, while RSI at 36 and Stochastic K at 14 signal weak momentum. ADX above 30 shows a strong trend. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is up 1.6% with a bullish 24h move, and the broader market is broadly positive (81.5% green), providing an overall bullish
SHORT $NIL
