ZBT is looking ripe for a short, with a potential break of the current market structure. We've got a clear rejection at the highs, setting up a nice short opportunity.
๐ด $ZBT SHORT ๐
Entry $0.115564-$0.115796 | SL $0.119150 (-3.0%) | TP1 $0.113945 (+1.5%) | TP2 $0.109896 (+5.0%) | R/R 1:1.7 | Conf 64%
The setup is looking solid, with a market structure break, volume confirming direction, and a fair value gap all lining up. There's also an order block right where we want to see it, and the point of interest confluence with the fair value gap overlap is a nice cherry on top. This all points to a high-probability short trade.
With a 3.0% stop loss, leverage should be kept reasonable to avoid getting wiped out, probably around 5x or less.
If we hit the first target, it might be wise to take some profit off the table and let the rest ride, just in case ZBT decides to make a run for it.
As always: manage your risk, this is not financial advice ๐
$ZBT #ZBTUSDT #SMC #TradingSignals #Write2Earn
๐ด $ZBT SHORT ๐
Entry $0.115564-$0.115796 | SL $0.119150 (-3.0%) | TP1 $0.113945 (+1.5%) | TP2 $0.109896 (+5.0%) | R/R 1:1.7 | Conf 64%
The setup is looking solid, with a market structure break, volume confirming direction, and a fair value gap all lining up. There's also an order block right where we want to see it, and the point of interest confluence with the fair value gap overlap is a nice cherry on top. This all points to a high-probability short trade.
With a 3.0% stop loss, leverage should be kept reasonable to avoid getting wiped out, probably around 5x or less.
If we hit the first target, it might be wise to take some profit off the table and let the rest ride, just in case ZBT decides to make a run for it.
As always: manage your risk, this is not financial advice ๐
$ZBT #ZBTUSDT #SMC #TradingSignals #Write2Earn