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$TLM – Increased pressure preceding a possible breakdown 🚨
📉 Short sell trade
📍 Entry: 0.00202
🎯 Target: 0.001822
🛑 Stop loss: 0.002416
📊 On the 4-hour timeframe, we notice sharp price pressure—an historical pattern that often precedes violent moves. My overall bias on the higher timeframes is bearish with 80% confidence.
🔻 The EMA20 and EMA50 moving averages are converging just above the price, forming a double resistance zone that often leads to downward pullbacks.
📉 Trading volumes are low and the range is tightening—this suppressed energy usually breaks out in the direction of the overall trend. And with the bearish structure continuing since the last major wave, a break below 0.00200 would be a strong confirmation of the move.
❓ Are you waiting for the pattern break, or have you already entered the trade?
⚠️ Disclaimer: This is not financial advice. Risk management is the foundation of success.
#TLM #ShortSetup #VolatilityCompression #crypto