Meta short setup hit TP1 🎯 Spot moved +2.82% from entry in about 2d 1h. Always manage your risk and size positions accordingly.
612 Ceros
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Bearish
META under EMA50 and EMA200 on the 4h chart
🔴 SHORT $META /USDT: expecting price to go DOWN Bias: SHORT · Leaning
Entry: 636.12063 – 639.47937 TP1: 619.81836 (-2.8%) TP2: 607.83060 (-4.7%) TP3: 589.84896 (-7.5%) SL: 661.77552 (+3.8%) Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1. Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against. • 4h trend down (below EMA50 & EMA200) • 1h trend down (below EMA50 & EMA200) • Sellers are driving the move (15m ADX 20.3) Risk: Buyers have the momentum (1h RSI 59.6)
META in 3 points: 1/3 The 4h trend shows price below EMA50 below EMA200, a bearish stack indicating the swing trend is down. 2/3 The 1h trend mirrors this with price below EMA50 below EMA200, keeping the short-term trend down. 3/3 A 1h RSI at 59.6 shows bullish momentum above 55, which would invalidate the short if sustained.
What level would make you ignore this short?
Chart with every level below.
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⚠️ Personal market analysis only. NFA — manage risk and DYOR. Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.