Short $DOT at 1.22. 1.20 next, 1.25 breaks, I'm out of the idea. 👀
What backs it:
- 4H price at 1.22 above EMA50 1.17, so I watch for a rejection here.
- 1H RSI at 68: stretched, suggesting room to cool off.
🔴 SHORT · Entry 1.215–1.220 · TP 1.198 / 1.184 / 1.165 · SL 1.250
NFA · DYOR
What backs it:
- 4H price at 1.22 above EMA50 1.17, so I watch for a rejection here.
- 1H RSI at 68: stretched, suggesting room to cool off.
🔴 SHORT · Entry 1.215–1.220 · TP 1.198 / 1.184 / 1.165 · SL 1.250
NFA · DYOR