HOLO is stuck near the 0.42 resistance as the last bullish candle failed to hold, and volume is drying, hinting the upmove is losing steam.
๐ด $HOLO SHORT ๐
Entry โ $0.067922-$0.068058
Stop โ $0.070030 (-3.0%)
TP1 โ $0.066970 (+1.5%)
TP2 โ $0.064590 (+5.0%)
R/R 1:1.7 โข Confidence 60%
The market structure flipped lower (CHoCH) and a bearish order block formed just below 0.40, overlapping a fair value gap for a strong point of interest. This confluence signals the next leg is likely short.
A 3.0% stop is relatively tight on this swing, so a max of 4x leverage keeps risk in check.
Take partial profit at the first target around 0.38 once price respects the order block.
As always: manage your risk, this is not financial advice ๐
$HOLO #HOLOUSDT #SMC #TradingSignals #Write2Earn
๐ด $HOLO SHORT ๐
Entry โ $0.067922-$0.068058
Stop โ $0.070030 (-3.0%)
TP1 โ $0.066970 (+1.5%)
TP2 โ $0.064590 (+5.0%)
R/R 1:1.7 โข Confidence 60%
The market structure flipped lower (CHoCH) and a bearish order block formed just below 0.40, overlapping a fair value gap for a strong point of interest. This confluence signals the next leg is likely short.
A 3.0% stop is relatively tight on this swing, so a max of 4x leverage keeps risk in check.
Take partial profit at the first target around 0.38 once price respects the order block.
As always: manage your risk, this is not financial advice ๐
$HOLO #HOLOUSDT #SMC #TradingSignals #Write2Earn