$PROM SHORT
How do you evaluate a short?
Start with the trade parameters and keep in mind that open interest changes differently across OI timeframes; VOL is higher over longer timeframes than shorter ones; and the RSI readings fall into different zones.
🏁Entry: 5.715$
✅Take profit 1: 5.472$
✅Take profit 2: 5.2555$
✅Take profit 3: 5.0193$
✅Take profit 4: 4.3624$
✅Take profit 5: 3.3343$
❌Stop-loss: 5.9893$
📈 RSI14: m1 94.4 • m5 88.1 • m15 72.5 • m30 65.1
📊 VOL: m1 $348.1K • m5 $348.1K • m15 $1.2M • m30 $1.4M
🧲 OI: now $12.2M • 5m +1.0% • 15m +1.1% • 30m -1.0%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#PROM #BinanceFutures #DeFi 📈
$PROM
How do you evaluate a short?
Start with the trade parameters and keep in mind that open interest changes differently across OI timeframes; VOL is higher over longer timeframes than shorter ones; and the RSI readings fall into different zones.
🏁Entry: 5.715$
✅Take profit 1: 5.472$
✅Take profit 2: 5.2555$
✅Take profit 3: 5.0193$
✅Take profit 4: 4.3624$
✅Take profit 5: 3.3343$
❌Stop-loss: 5.9893$
📈 RSI14: m1 94.4 • m5 88.1 • m15 72.5 • m30 65.1
📊 VOL: m1 $348.1K • m5 $348.1K • m15 $1.2M • m30 $1.4M
🧲 OI: now $12.2M • 5m +1.0% • 15m +1.1% • 30m -1.0%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#PROM #BinanceFutures #DeFi 📈
$PROM