🔴 $TUT /USDT · Bias: SHORT
The daily trend is bearish and the 4h trend is bearish, so price should move down.
Entry: 0.0169293 – 0.0169907
TP1: 0.0164956 (-2.7%)
TP2: 0.0161859 (-4.6%)
TP3: 0.0157215 (-7.3%)
SL: 0.0175793 (+3.7%)
Note: moderate conviction only, keep size light.
Why: The daily trend shows a bearish EMA stack, meaning the big-picture trend is down, and the 4h trend shows a bearish EMA stack, meaning the swing trend is down.
Risk: Buyers have the momentum (1h RSI 57.0)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short is worth taking at the entry zone?
The daily trend is bearish and the 4h trend is bearish, so price should move down.
Entry: 0.0169293 – 0.0169907
TP1: 0.0164956 (-2.7%)
TP2: 0.0161859 (-4.6%)
TP3: 0.0157215 (-7.3%)
SL: 0.0175793 (+3.7%)
Note: moderate conviction only, keep size light.
Why: The daily trend shows a bearish EMA stack, meaning the big-picture trend is down, and the 4h trend shows a bearish EMA stack, meaning the swing trend is down.
Risk: Buyers have the momentum (1h RSI 57.0)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short is worth taking at the entry zone?
