$FIL short on the 4H: 0.9754–0.9790 is the zone sellers need to hold 👀
Price sits at 0.977, still under the EMA50 at 1.051. I want to see sellers lean on this zone, not a push through 0.998.
Why this level:
- 4H price 0.977 is below the EMA50 at 1.051, so trend structure still favors sellers
- BTC short-term trend is bearish, a tailwind for this idea
- Risk 2.2% to the stop vs 3.5% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.9754–0.9790 · TP 0.9645 / 0.9561 / 0.9434 · SL 0.9983
NFA · DYOR
Price sits at 0.977, still under the EMA50 at 1.051. I want to see sellers lean on this zone, not a push through 0.998.
Why this level:
- 4H price 0.977 is below the EMA50 at 1.051, so trend structure still favors sellers
- BTC short-term trend is bearish, a tailwind for this idea
- Risk 2.2% to the stop vs 3.5% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.9754–0.9790 · TP 0.9645 / 0.9561 / 0.9434 · SL 0.9983
NFA · DYOR