đš $VET Short Setup â Resistance Test & Overextended Expansion
VET has staged a massive vertical push on the 4-hour chart, reaching a 24-hour high of 0.007330 (+26.56%). Price is currently hovering near 0.007086, testing a major overhead resistance level where buyers are beginning to show momentum exhaustion. A confirmed rejection wick around this zone opens up a high-probability mean-reversion short play back toward local demand levels.
đ Short Entry: 0.007100 â 0.007300
đŻ TP1: 0.006450
đŻ TP2: 0.005800
đŻ TP3: 0.005200
đ Stop Loss: 0.007550
â ïž Risk Notice: Counter-trend shorting during strong bullish expansions requires tight patience. Wait for the 4-hour or lower timeframe candle to confirm a clear rejection upper wick before executing, keep leverage low, and cap total risk strictly at 1% of your trading capital.
Patience for confirmation â let the market come to you! đ
đ Click below to open the trade
$MAGMA
$PROM
VET has staged a massive vertical push on the 4-hour chart, reaching a 24-hour high of 0.007330 (+26.56%). Price is currently hovering near 0.007086, testing a major overhead resistance level where buyers are beginning to show momentum exhaustion. A confirmed rejection wick around this zone opens up a high-probability mean-reversion short play back toward local demand levels.
đ Short Entry: 0.007100 â 0.007300
đŻ TP1: 0.006450
đŻ TP2: 0.005800
đŻ TP3: 0.005200
đ Stop Loss: 0.007550
â ïž Risk Notice: Counter-trend shorting during strong bullish expansions requires tight patience. Wait for the 4-hour or lower timeframe candle to confirm a clear rejection upper wick before executing, keep leverage low, and cap total risk strictly at 1% of your trading capital.
Patience for confirmation â let the market come to you! đ
đ Click below to open the trade
$MAGMA
$PROM
