🔻 $DKNG USDT Perp – Short Setup

Entry Zone: 17.49 – 18.50
Target 1: 16.86 (support)
Target 2: 15.00
Stop Loss: 20.00

Why Short?

· Massive bearish engulfing candle wiping out recent uptrend from the 23.90 peak
· Downtrend at -24.19%
· Price violently sliced through MA(7): 20.59, MA(25): 20.25, and MA(99): 22.41 with heavy red volume, indicating aggressive distribution and intense bearish momentum

Key Levels:
🔴 Resistance: 20.00
🟢 Support: 16.86 → 15.00

#DKNG #Trading #ShortSignal #Crypto #Binance

$DKNG