Entry: $1.490 - $1.500 (If rejection at resistance)
Take Profit Targets:
TP1: $1.470
TP2: $1.450
TP3: $1.420
Stop Loss: Above $1.510
📊 Market Insight: ERN is approaching the $1.500 resistance, a key level that could trigger a strong rally if broken. A failure to break above may lead to a retracement towards the $1.440 support.
💡 Pro Tip: Watch for volume confirmation—strong buying pressure above $1.500 could signal an extended bullish move, while low momentum might indicate a pullback.
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📉 Market Context: $FTT is facing strong resistance around $2.0000 - $2.0500, showing signs of rejection. Bearish divergence on lower timeframes suggests a potential pullback. A break below $1.9700 could accelerate selling momentum toward lower support levels.
💡 Pro Tip: Wait for confirmation below $1.9700 before entering. A retest and rejection of this level will strengthen the short setup!
⚠️ Risk Management: Use proper position sizing & follow stop-loss discipline!
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