$NOT short into 0.000296 on the 4H, 70% of accounts are long.
Most accounts are already long here. If sellers hold 0.000296, I'd look for a flush. A close above 0.000309 and the idea is dead.
4H price 0.000295 sits below EMA50 0.000327, sellers still have the trend. 4.7% to the stop, 7.5% to TP3, roughly 1.6R to the last target. 1H RSI at 19, already washed out, so I'm not chasing it down.
🔴 SHORT
Entry: 0.000294–0.000296
TP: 0.000287 / 0.000281 / 0.000273
SL: 0.000309
Does 0.000296 hold or break first?
NFA · DYOR
Most accounts are already long here. If sellers hold 0.000296, I'd look for a flush. A close above 0.000309 and the idea is dead.
4H price 0.000295 sits below EMA50 0.000327, sellers still have the trend. 4.7% to the stop, 7.5% to TP3, roughly 1.6R to the last target. 1H RSI at 19, already washed out, so I'm not chasing it down.
🔴 SHORT
Entry: 0.000294–0.000296
TP: 0.000287 / 0.000281 / 0.000273
SL: 0.000309
Does 0.000296 hold or break first?
NFA · DYOR
