SHORT $BAS ON RETRACE WITH DEATH CROSS CONFIRMATION 🔥
Entry: 0.03581 🔥
Target: 0.03133 🚀
Stop Loss: 0.03878 ⚠️
The decrease in trading volume during this rise suggests distribution—where the 20-period moving average (EMA20) has crossed above the 50-period moving average (EMA50), forming the classic “death cross” on the daily chart. The price is currently testing resistance at the 50-period average near 0.036, where sellers previously entered. The RSI indicator is at 53.7, which leaves ample room for the bearish momentum to continue.
Trading volume is declining while the price rises slightly—this is the classic sign of a weak rebound. Are you watching the same supply zone around 0.036?
Not financial advice. Always be aware of your risk.
#SanDiskSeagateMicronSlide $BTC $SOL #BitcoinFalls44%FromJanuaryPeak #SouthKoreanStocksRise5%
Entry: 0.03581 🔥
Target: 0.03133 🚀
Stop Loss: 0.03878 ⚠️
The decrease in trading volume during this rise suggests distribution—where the 20-period moving average (EMA20) has crossed above the 50-period moving average (EMA50), forming the classic “death cross” on the daily chart. The price is currently testing resistance at the 50-period average near 0.036, where sellers previously entered. The RSI indicator is at 53.7, which leaves ample room for the bearish momentum to continue.
Trading volume is declining while the price rises slightly—this is the classic sign of a weak rebound. Are you watching the same supply zone around 0.036?
Not financial advice. Always be aware of your risk.
#SanDiskSeagateMicronSlide $BTC $SOL #BitcoinFalls44%FromJanuaryPeak #SouthKoreanStocksRise5%