$NIL Short 50x | Supply zone live, patience paid.
Finally, I stepped into the supply zone I’d marked for this exact move. I stay in the trade because the entry is disciplined; if the supply zone breaks, I’ll exit.
Trading plan:
- Entry: 0.04272 – 0.04294
- TP1: 0.04205 (R:R 1:0.8)
- TP2: 0.04153 (R:R 1:1.3)
- TP3: 0.04074 (R:R 1:2.0)
- SL: 0.04387
Why this setup?
- The short thesis holds on the 4h timeframe, with price stuck in the 0.04272–0.04294 area while the daily structure remains sideways.
- The 15m RSI at 46 shows the sellers still have room to push lower, as long as they defend the level.
- Volume at 0.18x, with 187.85K traded versus an expected 1.02M, suggests this move has real weight behind it.
My final call. Your job is to execute.