๐จ $VIRTUAL AT A CRITICAL RESISTANCE! ๐
VIRTUAL has pushed hard into a major supply/order-block zone, but thereโs one thing I donโt like here: bearish divergence is showing while price is testing resistance.
Iโm watching for a rejection before considering a short.
๐ด SHORT SETUP
๐ฐ Entry: $1.00โ$1.04
๐ฏ TP1: $0.96
๐ฏ TP2: $0.91
๐ฏ TP3: $0.86
๐ SL: $1.07
The setup only makes sense if price gets rejected from the highlighted zone. If buyers break and hold above the order block, I would cancel the short rather than force it.
This is a reaction trade โ confirmation first, entry second. ๐$QNT $HBAR
VIRTUAL has pushed hard into a major supply/order-block zone, but thereโs one thing I donโt like here: bearish divergence is showing while price is testing resistance.
Iโm watching for a rejection before considering a short.
๐ด SHORT SETUP
๐ฐ Entry: $1.00โ$1.04
๐ฏ TP1: $0.96
๐ฏ TP2: $0.91
๐ฏ TP3: $0.86
๐ SL: $1.07
The setup only makes sense if price gets rejected from the highlighted zone. If buyers break and hold above the order block, I would cancel the short rather than force it.
This is a reaction trade โ confirmation first, entry second. ๐$QNT $HBAR
