Short $CAP : sellers need to hold 0.0720–0.0724 on the 4H 👀
Price sits at 0.0722, still under the 4H EMA50. I want to see sellers lean on this zone, not step aside. Above 0.0750 and I drop the idea.
What I'm seeing:
- 4H price 0.0722 below EMA50 0.0811, trend structure still favors sellers
- Risk 3.9% to SL vs 6.1% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.0720–0.0724 · TP 0.0705 / 0.0694 / 0.0678 · SL 0.0750
Do sellers hold 0.0724, or does price take 0.0750?
NFA · DYOR
Price sits at 0.0722, still under the 4H EMA50. I want to see sellers lean on this zone, not step aside. Above 0.0750 and I drop the idea.
What I'm seeing:
- 4H price 0.0722 below EMA50 0.0811, trend structure still favors sellers
- Risk 3.9% to SL vs 6.1% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.0720–0.0724 · TP 0.0705 / 0.0694 / 0.0678 · SL 0.0750
Do sellers hold 0.0724, or does price take 0.0750?
NFA · DYOR