$OP #OP đ
Direction: SHORT
Entry zone: 0.11025 to 0.11069
Stop loss: 0.11213
Target 1: 0.10826
Target 2: 0.10660
Optimism is trading near 0.11047 dollars, down 1.83 percent in 24 hours, inside a range of 0.106954 to 0.115041, and it has bounced back into the short zone rather than breaking out. My reading is that the bounce is the opportunity, not the reversal, because the recent closes climbed slowly, 0.108285, then 0.108584, then 0.109391, then 0.11047, which is a tired recovery in a market where Bitcoin is still below 78,120. đ A short from the current zone, with a stop above 0.11213, targets 0.10826 first and then 0.10660 if selling continues. A recovery above 0.11213 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Optimism fall to 0.10826 first, or recover above 0.11213? đ€
Follow for more trades.
#Optimism #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.11025 to 0.11069
Stop loss: 0.11213
Target 1: 0.10826
Target 2: 0.10660
Optimism is trading near 0.11047 dollars, down 1.83 percent in 24 hours, inside a range of 0.106954 to 0.115041, and it has bounced back into the short zone rather than breaking out. My reading is that the bounce is the opportunity, not the reversal, because the recent closes climbed slowly, 0.108285, then 0.108584, then 0.109391, then 0.11047, which is a tired recovery in a market where Bitcoin is still below 78,120. đ A short from the current zone, with a stop above 0.11213, targets 0.10826 first and then 0.10660 if selling continues. A recovery above 0.11213 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Optimism fall to 0.10826 first, or recover above 0.11213? đ€
Follow for more trades.
#Optimism #Crypto #FuturesTrading #TradingSignals
