STEEM is slipping beneath the 0.45 resistance as sellers hammer the recent high, eyeing the 0.44 swing low. Momentum is turning sharply bearish, setting the stage for a short swing.
đŽ $STEEM SHORT đ
Entry $0.054146-$0.054254 | SL $0.055826 (-3.0%) | TP1 $0.053387 (+1.5%) | TP2 $0.051490 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character (CHoCH) knocked out the bullish swing, while cumulative volume delta (CVD) turned negative confirming pressure. The fair value gap (FVG) aligns with a strong order block (OB) around 0.445, and a liquidity sweep just ate the 0.447 level. POI confluenceâoverlap of the OB and FVGâcreates a highâprobability entry zone for the short.
A 3.0% stop is relatively tight on this swing, so 5â10x leverage keeps risk manageable.
Take partial profit at the first target near 0.438 once price respects the next minor support.
DYOR â this isn't financial advice, size your risk accordingly đ
$STEEM #STEEMUSDT #USHouseAdvancesBitcoinReserveBill #TradingSignals #Write2Earn
đŽ $STEEM SHORT đ
Entry $0.054146-$0.054254 | SL $0.055826 (-3.0%) | TP1 $0.053387 (+1.5%) | TP2 $0.051490 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character (CHoCH) knocked out the bullish swing, while cumulative volume delta (CVD) turned negative confirming pressure. The fair value gap (FVG) aligns with a strong order block (OB) around 0.445, and a liquidity sweep just ate the 0.447 level. POI confluenceâoverlap of the OB and FVGâcreates a highâprobability entry zone for the short.
A 3.0% stop is relatively tight on this swing, so 5â10x leverage keeps risk manageable.
Take partial profit at the first target near 0.438 once price respects the next minor support.
DYOR â this isn't financial advice, size your risk accordingly đ
$STEEM #STEEMUSDT #USHouseAdvancesBitcoinReserveBill #TradingSignals #Write2Earn