$USELESS | 🟢 LONG — Daily trend is bullish, but the 4H timeframe remains a hurdle
$USELESS is showing mixed signals: the daily trend remains bullish, but the 4H structure has turned bearish. The LONG setup still has a basis, though confidence is only moderate.
📍 LONG Plan
* Entry: 0.2029849 – 0.2041151
* TP1: 0.2146085 (+5.4%)
* TP2: 0.2219809 (+9.1%)
* TP3: 0.2330395 (+14.5%)
* SL: 0.1888053 (-7.2%)
📈 Key levels to watch: Price remains above the EMA50 and EMA200 on the daily timeframe, supporting the bullish trend. The 15M ADX is 44.5, indicating a strong short-term trend; the 1H RSI is at 73.0, reflecting strong buying momentum but also signaling that a correction is possible. The checklist has 6/12 signals in agreement and 2 opposing signals. The main downside is that price is below the EMA50 and EMA200 on the 4H timeframe.
According to the plan, enter only within the Entry zone, take 50% profit at TP1, then move the SL to the entry point. Since the signals across timeframes are not aligned, be cautious with position size. If the price hits the SL at 0.1888053, the LONG outlook is no longer valid.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN👇
$USELESS is showing mixed signals: the daily trend remains bullish, but the 4H structure has turned bearish. The LONG setup still has a basis, though confidence is only moderate.
📍 LONG Plan
* Entry: 0.2029849 – 0.2041151
* TP1: 0.2146085 (+5.4%)
* TP2: 0.2219809 (+9.1%)
* TP3: 0.2330395 (+14.5%)
* SL: 0.1888053 (-7.2%)
📈 Key levels to watch: Price remains above the EMA50 and EMA200 on the daily timeframe, supporting the bullish trend. The 15M ADX is 44.5, indicating a strong short-term trend; the 1H RSI is at 73.0, reflecting strong buying momentum but also signaling that a correction is possible. The checklist has 6/12 signals in agreement and 2 opposing signals. The main downside is that price is below the EMA50 and EMA200 on the 4H timeframe.
According to the plan, enter only within the Entry zone, take 50% profit at TP1, then move the SL to the entry point. Since the signals across timeframes are not aligned, be cautious with position size. If the price hits the SL at 0.1888053, the LONG outlook is no longer valid.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN👇