๐ฅ STEEMUSDT โ SELL / SHORT
$STEEM
๐ Timeframe: 1W (Weekly Macro View)
๐ Entry: 0.06500 - 0.06800
๐ SL: 0.07850
๐ฏ TP1: 0.05600
๐ฏ TP2: 0.04800
๐ฏ TP3: 0.04200
๐ R:R: 1:2.1
๐ Setup:
โข Weekly chart confirms price tapped directly into a major HTF Supply Zone (0.06300 - 0.07500)
โข Massive upper rejection wick indicates strong institutional selling/distribution
โข Buy-side liquidity swept above 0.07820
โข Unmitigated Weekly Fair Value Gap (FVG) resting lower around 0.04200 as a primary macro target
โ ๏ธ Invalidation:
Weekly candle close above 0.07850 invalidates the supply rejection setup.
๐ง Bias:
Bearish rejection from High Timeframe (HTF) weekly resistance following a parabolic liquidity sweep.
Risk only a small portion of your capital per trade. Technical analysis only โ no guaranteed outcome.
#Trading #Crypto #BinanceSquare #STEEM
$STEEM
๐ Timeframe: 1W (Weekly Macro View)
๐ Entry: 0.06500 - 0.06800
๐ SL: 0.07850
๐ฏ TP1: 0.05600
๐ฏ TP2: 0.04800
๐ฏ TP3: 0.04200
๐ R:R: 1:2.1
๐ Setup:
โข Weekly chart confirms price tapped directly into a major HTF Supply Zone (0.06300 - 0.07500)
โข Massive upper rejection wick indicates strong institutional selling/distribution
โข Buy-side liquidity swept above 0.07820
โข Unmitigated Weekly Fair Value Gap (FVG) resting lower around 0.04200 as a primary macro target
โ ๏ธ Invalidation:
Weekly candle close above 0.07850 invalidates the supply rejection setup.
๐ง Bias:
Bearish rejection from High Timeframe (HTF) weekly resistance following a parabolic liquidity sweep.
Risk only a small portion of your capital per trade. Technical analysis only โ no guaranteed outcome.
#Trading #Crypto #BinanceSquare #STEEM
