đŽ $GMT â SHORT SETUP
Price made a strong impulsive move upward, then started to stall and consolidate right below the local high. Instead of chasing the move, Iâm watching this area for a rejection and potential downside continuation. đ
đŻ Entry: 0.008601
đ SL: 0.008762
đ° TP: 0.008360
âïž R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870â0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. â
Letâs see how price reacts here. đ
No FOMO. No revenge trade. Just follow the setup. đ§ đ
#GMT #CryptoFutures #Short #TradingSetup #PriceAction
Price made a strong impulsive move upward, then started to stall and consolidate right below the local high. Instead of chasing the move, Iâm watching this area for a rejection and potential downside continuation. đ
đŻ Entry: 0.008601
đ SL: 0.008762
đ° TP: 0.008360
âïž R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870â0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. â
Letâs see how price reacts here. đ
No FOMO. No revenge trade. Just follow the setup. đ§ đ
#GMT #CryptoFutures #Short #TradingSetup #PriceAction
