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Post
509 Jony Dong - Sub account
ยท
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Bearish$TRX short: 0.3308โ0.3310 is the 4H ceiling sellers have to keep.
Price is under the EMA50 here, so I'm watching for a rejection rather than a push through. Above 0.332 I'd step back and let it play out.
Why this level:
- 4H price 0.331 sits below the EMA50 at 0.332, so structure still favors sellers
- Risk 0.21% to the stop against 0.33% to TP3, about 1.6R if the move plays out
- BTC short-term trend bearish, a tailwind for this idea
๐ด SHORT ยท Entry 0.3308โ0.3310 ยท TP 0.3305 / 0.3302 / 0.3298 ยท SL 0.3316
NFA ยท DYOR
Price is under the EMA50 here, so I'm watching for a rejection rather than a push through. Above 0.332 I'd step back and let it play out.
Why this level:
- 4H price 0.331 sits below the EMA50 at 0.332, so structure still favors sellers
- Risk 0.21% to the stop against 0.33% to TP3, about 1.6R if the move plays out
- BTC short-term trend bearish, a tailwind for this idea
๐ด SHORT ยท Entry 0.3308โ0.3310 ยท TP 0.3305 / 0.3302 / 0.3298 ยท SL 0.3316
NFA ยท DYOR
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