XTZ is stuck under the 1.75% weekly low and each rally is getting whittled down.
🔴 $XTZ SHORT 📉
Entry → $0.249250-$0.249749
Stop → $0.256985 (-3.0%)
TP1 → $0.245757 (+1.5%)
TP2 → $0.237025 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower (CHoCH) and volume (CVD) is confirming the sell pressure, while a fair value gap lines up with a bullish order block, creating a POI confluence of OB+FVG. The price is now testing the lower bound of that block, making a short entry look clean.
A 3.0% stop loss is relatively tight on this volatility, so a max of 3‑4x leverage keeps risk in line.
Take partial profit around the first target as the price reaches the 1.70% level.
As always: manage your risk, this is not financial advice 🙏
$XTZ #XTZUSDT #THORChain #TradingSignals #Write2Earn
🔴 $XTZ SHORT 📉
Entry → $0.249250-$0.249749
Stop → $0.256985 (-3.0%)
TP1 → $0.245757 (+1.5%)
TP2 → $0.237025 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower (CHoCH) and volume (CVD) is confirming the sell pressure, while a fair value gap lines up with a bullish order block, creating a POI confluence of OB+FVG. The price is now testing the lower bound of that block, making a short entry look clean.
A 3.0% stop loss is relatively tight on this volatility, so a max of 3‑4x leverage keeps risk in line.
Take partial profit around the first target as the price reaches the 1.70% level.
As always: manage your risk, this is not financial advice 🙏
$XTZ #XTZUSDT #THORChain #TradingSignals #Write2Earn