Short $XMR : 593 on the 4H is the line sellers have to hold.
Price sits under the EMA50 at 598, so structure leans short. I want a clean rejection at the zone, not a wick and run.
- 4H at 593, below the EMA50 at 598, sellers have the structure
- BTC short-term is bearish, same side as the trade
- 1H RSI 35 already washed out, so no chasing lower
SHORT zone 592.3–593.2 | targets 589.5, 587.4, 584.1 | stop 598.1
Clean rejection at 593, or a squeeze back through 598?
nfa · dyor
Price sits under the EMA50 at 598, so structure leans short. I want a clean rejection at the zone, not a wick and run.
- 4H at 593, below the EMA50 at 598, sellers have the structure
- BTC short-term is bearish, same side as the trade
- 1H RSI 35 already washed out, so no chasing lower
SHORT zone 592.3–593.2 | targets 589.5, 587.4, 584.1 | stop 598.1
Clean rejection at 593, or a squeeze back through 598?
nfa · dyor
