If you've been trading my levels, don't lose me: this account is limited, the new one is where every signal goes from today.
509 Jony Dong - Sub account
·
--
Bearish
$TUT short: 0.0184 on the 4H is the ceiling sellers have to hold.
Price sits right under the EMA50 here. I'm watching for a rejection, not a chase. Above 0.0187 and the idea is done for me.
Why this level: - 4H price 0.0184 is below the EMA50 at 0.0194, so structure still favors sellers - 1H RSI at 31 is already oversold, so this is not a drop I chase - Risk 1.8% to the stop vs 2.9% to TP3, about 1.6R if the full move plays out