🔴 SHORT SIGNAL — $FTM | Score: 53/100 | MEDIUM
Short the reversal wave now, the momentum’s turning sharply against the bulls.
Entry: $0.70290 — $0.69800
TP1 (30min-4h): $0.67492
TP2 (1-3d): $0.63995
TP3 Swing: $0.59449
SL: $0.73017
The chart shows a clear bearish divergence as the moving averages cross downward, confirming a shift in momentum. Volume spikes on down moves indicate aggressive selling pressure, while the relative strength index has broken below the neutral zone, suggesting overbought conditions are fading. A descending channel frames the recent highs, and the price is testing the upper boundary of that channel, offering a clean scalp entry for short positions. Watch for a rapid pullback to the next support area.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix
Short the reversal wave now, the momentum’s turning sharply against the bulls.
Entry: $0.70290 — $0.69800
TP1 (30min-4h): $0.67492
TP2 (1-3d): $0.63995
TP3 Swing: $0.59449
SL: $0.73017
The chart shows a clear bearish divergence as the moving averages cross downward, confirming a shift in momentum. Volume spikes on down moves indicate aggressive selling pressure, while the relative strength index has broken below the neutral zone, suggesting overbought conditions are fading. A descending channel frames the recent highs, and the price is testing the upper boundary of that channel, offering a clean scalp entry for short positions. Watch for a rapid pullback to the next support area.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix