🔴 $SMCIB /USDT – SHORT SIGNAL
Trade Plan:
Direction: SHORT 📉
Entry: $29.10 – $29.45
Stop Loss (SL): $30.20
Take Profit Targets:
TP1: $28.50
TP2: $27.80
TP3: $26.80
Trade here $SMCIB
Analysis:
SMCIB is up 7.35% in 24 hours.
Price is approaching resistance near $29.45.
Underlying SMCI stock is also up 7.39%.
Weekly and monthly performance remains negative.
Rejection near $29.45 could trigger profit-taking.
A breakdown below $28.50 may increase selling pressure.
Confirmation: Wait for rejection around $29.45 and a confirmed 15m candle close below $28.80 before entering SHORT.
Risk-to-Reward:
TP1: 1:0.5
TP2: 1:1.2
TP3: 1:2.1
⚠️ Risk Warning: Strong daily buying momentum makes immediate shorting risky. Wait for bearish confirmation before entry. These levels are indicative and based only on your supplied snapshot.
#SMCIB #SMCI #BinanceTrading #ShortSignal #CryptoSignals
Trade Plan:
Direction: SHORT 📉
Entry: $29.10 – $29.45
Stop Loss (SL): $30.20
Take Profit Targets:
TP1: $28.50
TP2: $27.80
TP3: $26.80
Trade here $SMCIB
Analysis:
SMCIB is up 7.35% in 24 hours.
Price is approaching resistance near $29.45.
Underlying SMCI stock is also up 7.39%.
Weekly and monthly performance remains negative.
Rejection near $29.45 could trigger profit-taking.
A breakdown below $28.50 may increase selling pressure.
Confirmation: Wait for rejection around $29.45 and a confirmed 15m candle close below $28.80 before entering SHORT.
Risk-to-Reward:
TP1: 1:0.5
TP2: 1:1.2
TP3: 1:2.1
⚠️ Risk Warning: Strong daily buying momentum makes immediate shorting risky. Wait for bearish confirmation before entry. These levels are indicative and based only on your supplied snapshot.
#SMCIB #SMCI #BinanceTrading #ShortSignal #CryptoSignals
