๐จ $HEMI /USDT | ๐ด SHORT โ 85% probability of confirmation
1H is โgrindingโ into a very narrow Entry zone, while the 1D trend is still bearish. If the buyers canโt push the price out of this zone, SHORT pressure may appear quite quickly. ๐
๐ฏ TRADING PLAN
* ๐ด Entry: 0.0061363 โ 0.0061637
* ๐ SL: 0.0064526
* ๐ฏ TP1: 0.0059230
* ๐ฏ TP2: 0.0057717
* ๐ฏ TP3: 0.0055447
๐ง WHY THIS SETUP?
๐ 1D: The main trend is still bearish โ prioritize the Short scenario when price retraces into the supply zone.
๐ 1H: Price is currently around 0.0061500, compressing right within the Entry zone. 1H ATR = 0.000126, indicating the range is relatively tight.
โ ๏ธ RSI 15M = 35.28: Momentum is weak and sitting in the lower half of the range. If buyers continue to fail to reclaim the Entry zone, the likelihood of rising selling pressure becomes notably higher.
๐ฅ Key point: This is not a Short setup because price has already dropped too much, but because 1H is reacting inside the Entry zone + 1D is bearish. If buyers get trapped, a drop toward the lower TP zones could be triggered.
๐ INVALIDATION: 0.0082695 is the hard boundary. If price breaks above this level, the bearish thesis of the setup is invalidated.
๐ฌ DISCUSSION:
Do you think this is a clean pullback to TP2, or a bear trap that will be invalidated if price reclaims strongly? ๐
๐ Click here to view the chart
โ ๏ธ Individual market analysis. NFA โ manage risk and DYOR.
For educational purposes only, not investment advice or recommendations.
1H is โgrindingโ into a very narrow Entry zone, while the 1D trend is still bearish. If the buyers canโt push the price out of this zone, SHORT pressure may appear quite quickly. ๐
๐ฏ TRADING PLAN
* ๐ด Entry: 0.0061363 โ 0.0061637
* ๐ SL: 0.0064526
* ๐ฏ TP1: 0.0059230
* ๐ฏ TP2: 0.0057717
* ๐ฏ TP3: 0.0055447
๐ง WHY THIS SETUP?
๐ 1D: The main trend is still bearish โ prioritize the Short scenario when price retraces into the supply zone.
๐ 1H: Price is currently around 0.0061500, compressing right within the Entry zone. 1H ATR = 0.000126, indicating the range is relatively tight.
โ ๏ธ RSI 15M = 35.28: Momentum is weak and sitting in the lower half of the range. If buyers continue to fail to reclaim the Entry zone, the likelihood of rising selling pressure becomes notably higher.
๐ฅ Key point: This is not a Short setup because price has already dropped too much, but because 1H is reacting inside the Entry zone + 1D is bearish. If buyers get trapped, a drop toward the lower TP zones could be triggered.
๐ INVALIDATION: 0.0082695 is the hard boundary. If price breaks above this level, the bearish thesis of the setup is invalidated.
๐ฌ DISCUSSION:
Do you think this is a clean pullback to TP2, or a bear trap that will be invalidated if price reclaims strongly? ๐
๐ Click here to view the chart
โ ๏ธ Individual market analysis. NFA โ manage risk and DYOR.
For educational purposes only, not investment advice or recommendations.
