๐จ Quick profit grab! A fast short opportunity on $MET ๐จ
๐ด Analysis in brief:๐ค๐ค๐
The coin has achieved a wild surge (more than 11%), and the Relative Strength Index (RSI) on the 15-minute timeframe reached extremely overbought zones (88+). We notice a huge red candle in trading volume, indicating the start of profit-taking. A potential downward correction toward the moving averages! ๐
๐ Trade details (Short):
๐ฏ Entry point: 0.3720 - 0.3735
๐ฏ Targets (take profit):
ยท First target: 0.3620 ๐ฅ
ยท Second target: 0.3550 ๐ฅ
ยท Third target: 0.3450 ๐ฅ
๐ Stop loss: 0.3830 (a 15-minute close above this level invalidates the idea)
โ ๏ธ Money management: risk no more than 1โ2% of the portfolio. This is a quick trade (scalping) and requires real-time monitoring.
๐ฌ What do you think? Do you expect a correction or the continuation of the rally? Share your thoughts in the comments!๐ค๐ค๐ค
# #MeteorShower #Crypto #Trading #BinanceSquareBTC rt #ุนู ูุงุช quare #ุนู ูุงุช_ุฑูู ูุฉ
๐ด Analysis in brief:๐ค๐ค๐
The coin has achieved a wild surge (more than 11%), and the Relative Strength Index (RSI) on the 15-minute timeframe reached extremely overbought zones (88+). We notice a huge red candle in trading volume, indicating the start of profit-taking. A potential downward correction toward the moving averages! ๐
๐ Trade details (Short):
๐ฏ Entry point: 0.3720 - 0.3735
๐ฏ Targets (take profit):
ยท First target: 0.3620 ๐ฅ
ยท Second target: 0.3550 ๐ฅ
ยท Third target: 0.3450 ๐ฅ
๐ Stop loss: 0.3830 (a 15-minute close above this level invalidates the idea)
โ ๏ธ Money management: risk no more than 1โ2% of the portfolio. This is a quick trade (scalping) and requires real-time monitoring.
๐ฌ What do you think? Do you expect a correction or the continuation of the rally? Share your thoughts in the comments!๐ค๐ค๐ค
# #MeteorShower #Crypto #Trading #BinanceSquareBTC rt #ุนู ูุงุช quare #ุนู ูุงุช_ุฑูู ูุฉ
