$XNO Short Trade Setup 🔥
Current Price: $1.028
Entry Zone: $1.030 – $1.060
Resistance: $1.080 – $1.100
Targets:
🎯 TP1: $0.980
🎯 TP2: $0.950
🎯 TP3: $0.920
Stop Loss: $1.120 (Above key resistance)
Market Context:
REQ is approaching key resistance, and selling pressure is increasing. If price fails to hold above $1.060, a further drop is likely.
📉 Risk Management: Keep risk within 2-3% per trade and ensure a stop-loss is placed above key resistance.
💡 Pro Tip: Watch for rejection candles at resistance. If price struggles to stay above $1.060 with weak volume, the short setup is confirmed. 🚀
Current Price: $1.028
Entry Zone: $1.030 – $1.060
Resistance: $1.080 – $1.100
Targets:
🎯 TP1: $0.980
🎯 TP2: $0.950
🎯 TP3: $0.920
Stop Loss: $1.120 (Above key resistance)
Market Context:
REQ is approaching key resistance, and selling pressure is increasing. If price fails to hold above $1.060, a further drop is likely.
📉 Risk Management: Keep risk within 2-3% per trade and ensure a stop-loss is placed above key resistance.
💡 Pro Tip: Watch for rejection candles at resistance. If price struggles to stay above $1.060 with weak volume, the short setup is confirmed. 🚀
