How to properly enter a short on $AUDIO ?🙄🙄
Wait for the price to bounce up into the $0.01624–0.01651 zone — this is a former support level that has now turned into resistance.
But don’t rush into the trade: wait for the candle to close red or for a downward wick to appear, confirming that buyers have been rejected.
Set take-profits in a ladder: the first at $0.01527, the second at $0.01441.
Wait for the price to bounce up into the $0.01624–0.01651 zone — this is a former support level that has now turned into resistance.
But don’t rush into the trade: wait for the candle to close red or for a downward wick to appear, confirming that buyers have been rejected.
Set take-profits in a ladder: the first at $0.01527, the second at $0.01441.