THE is tearing down the 1โhour swing, primed for a rapid drop. The break of the last swing high fuels a short burst now.
๐ด $THE SHORT ๐
Entry โ $0.036414-$0.036486
Stop โ $0.037544 (-3.0%)
TP1 โ $0.035903 (+1.5%)
TP2 โ $0.034627 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The chart flashed a CHoCH as price ripped through the prior swing high, while CVD turned sharply bearish confirming the flow. A fresh FVG sits right under the broken order block, and the liquidity sweep ate the last buy stop, creating a POI where OB and FVG overlap. All signs point to a clean short entry with momentum on our side.
A 3.0% stop is tight on this swing, so keep leverage around 3โ5x to preserve margin.
Take half off the table at the first target to lock in the early gain.
Not financial advice โ trade only what you can afford to lose ๐
$THE #THEUSDT #THORChain #TradingSignals #Write2Earn
๐ด $THE SHORT ๐
Entry โ $0.036414-$0.036486
Stop โ $0.037544 (-3.0%)
TP1 โ $0.035903 (+1.5%)
TP2 โ $0.034627 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The chart flashed a CHoCH as price ripped through the prior swing high, while CVD turned sharply bearish confirming the flow. A fresh FVG sits right under the broken order block, and the liquidity sweep ate the last buy stop, creating a POI where OB and FVG overlap. All signs point to a clean short entry with momentum on our side.
A 3.0% stop is tight on this swing, so keep leverage around 3โ5x to preserve margin.
Take half off the table at the first target to lock in the early gain.
Not financial advice โ trade only what you can afford to lose ๐
$THE #THEUSDT #THORChain #TradingSignals #Write2Earn