LDO is setting up for a short with a confidence level of 64%. Current market structure is showing signs of a potential breakdown.
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$LDO SHORT 📉 — Trade Plan
• Entry: $0.297402 – $0.297998
• Stop: $0.306631 (-3.0%)
• Target 1: $0.293235 (+1.5%)
• Target 2: $0.282815 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH signal fired on a market structure break, while CVD and FVG are confirming the direction of the trade. Additionally, an order block and liquidity sweep are present, with a POI confluence at the overlap of the OB and FVG, making this a compelling short setup. The overall structure suggests a high probability of a move downwards.
A 3.0% stop loss seems reasonable, and with a risk/reward ratio of 1:1.7, using 2-3x leverage could be suitable for this trade.
Consider taking partial profit at the first target to lock in some gains, as the trade reaches its initial projected level.
Not financial advice — trade only what you can afford to lose 🙏
$LDO #LDOUSDT #Swarms #TradingSignals #Write2Earn