🔴 SHORT $HEMI / USDT
HEMI is showing weakness despite the recent bounce. Alignment across multiple timeframes favors further downside.
Bias: SHORT (Moderate Conviction)
Entry Zone: 0.0057916 – 0.0058004
Take Profit:
🎯 TP1: 0.0057195 (-1.3%)
🎯 TP2: 0.0056685 (-2.2%)
🎯 TP3: 0.0055920 (-3.5%)
🛑 Stop Loss: 0.0058980 (+1.8%)
📌 Technical Breakdown:
Macro & Micro Alignment: Price remains below both the 50 EMA and 200 EMA across the 1D, 4H, and 1H charts—confirming a strong bearish trend stack on all timeframes.
Signal Strength: 3/12 signals bullish/bearish leaning, 0 against, 9 neutral.
💡 Execution Strategy:
Wait for price to enter the target entry zone before opening.
Secure 50% profits at TP1 and immediately move SL to breakeven.
Keep position size light due to moderate conviction.
#EtherETFsExtendOutflowsToNineDays #XRPLedgerPatchesXRPCreationBug
HEMI is showing weakness despite the recent bounce. Alignment across multiple timeframes favors further downside.
Bias: SHORT (Moderate Conviction)
Entry Zone: 0.0057916 – 0.0058004
Take Profit:
🎯 TP1: 0.0057195 (-1.3%)
🎯 TP2: 0.0056685 (-2.2%)
🎯 TP3: 0.0055920 (-3.5%)
🛑 Stop Loss: 0.0058980 (+1.8%)
📌 Technical Breakdown:
Macro & Micro Alignment: Price remains below both the 50 EMA and 200 EMA across the 1D, 4H, and 1H charts—confirming a strong bearish trend stack on all timeframes.
Signal Strength: 3/12 signals bullish/bearish leaning, 0 against, 9 neutral.
💡 Execution Strategy:
Wait for price to enter the target entry zone before opening.
Secure 50% profits at TP1 and immediately move SL to breakeven.
Keep position size light due to moderate conviction.
#EtherETFsExtendOutflowsToNineDays #XRPLedgerPatchesXRPCreationBug