The AKE strategy I shared earlier has already taken profit in the previous round. Is this a chance to pick up easy money or a falling knife? Opinions are divided at this point, but I’m leaning more bearish on $META . On the one-hour chart, price is below both moving averages, and the short-term trend has weakened. Momentum on the four-hour chart has also been hovering in bearish territory.
Don’t let a small bounce lure you in. Until price firmly reclaims the key level, sellers still have the upper hand. We trade based on structure, not emotion. At a level like this, I’d rather wait for the price to move lower than rush to catch the bottom.
🔴 Trade direction: Short
📍 Entry range: 721.30666 – 721.72511
🛑 Stop loss: 729.19386
🎯 Take profit 1: 715.75739
🎯 Take profit 2: 711.91841
🎯 Take profit 3: 706.15992
Still waters run deep, and foresight sees far; stay composed amid the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#META
Click below to trade 👇
Don’t let a small bounce lure you in. Until price firmly reclaims the key level, sellers still have the upper hand. We trade based on structure, not emotion. At a level like this, I’d rather wait for the price to move lower than rush to catch the bottom.
🔴 Trade direction: Short
📍 Entry range: 721.30666 – 721.72511
🛑 Stop loss: 729.19386
🎯 Take profit 1: 715.75739
🎯 Take profit 2: 711.91841
🎯 Take profit 3: 706.15992
Still waters run deep, and foresight sees far; stay composed amid the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#META
Click below to trade 👇