$ELSA : A 61% Surge Meets a Critical Rejection Zone
After a reported 61.28% rally, ELSA is approaching an area where sellers could challenge the momentum.
ELSAUSDT Perpetual | SHORT SETUP
Entry: $0.0990–$0.1025
TP1: $0.0970
TP2: $0.0940
TP3: $0.0910
TP4: $0.0870
Stop Loss: $0.1100
The reported price of $0.10264 is slightly above the proposed entry zone.
The bearish scenario depends on a confirmed rejection near resistance. A breakdown below $0.0970 could strengthen the case for further downside toward $0.0940 and $0.0910, with $0.0870 as the extended target.
A sustained recovery toward $0.1100 would invalidate the setup.
At 10x leverage, risk control is essential. A strong rally can continue longer than expected, making an unconfirmed short particularly vulnerable.
Would you wait for a rejection inside the entry zone or a confirmed breakdown below $0.0970?
$ELSA
#CryptoTrading #altcoins
After a reported 61.28% rally, ELSA is approaching an area where sellers could challenge the momentum.
ELSAUSDT Perpetual | SHORT SETUP
Entry: $0.0990–$0.1025
TP1: $0.0970
TP2: $0.0940
TP3: $0.0910
TP4: $0.0870
Stop Loss: $0.1100
The reported price of $0.10264 is slightly above the proposed entry zone.
The bearish scenario depends on a confirmed rejection near resistance. A breakdown below $0.0970 could strengthen the case for further downside toward $0.0940 and $0.0910, with $0.0870 as the extended target.
A sustained recovery toward $0.1100 would invalidate the setup.
At 10x leverage, risk control is essential. A strong rally can continue longer than expected, making an unconfirmed short particularly vulnerable.
Would you wait for a rejection inside the entry zone or a confirmed breakdown below $0.0970?
$ELSA
#CryptoTrading #altcoins
