$CRCL Rolls Over From the Highs Sellers Still Hold the Edge
Pair: $CRCL /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 82.00 – 82.30
Take Profit:
- TP1: 81.17 +5%
- TP2: 80.51 +10%
- TP3: 79.53 +16%
Stop Loss: 83.46
Chart Structure:
- CRCL spiked to an 88 high, then sold off sharply, breaking below MA7, MA25, and eventually stabilizing near the MA99 (purple, ~84) before bouncing back to test the moving-average cluster near current price
- Current price sits right at the entry zone, essentially retesting the underside of the broken structure a level where sellers have previously stepped in during this decline
- ⚠️ Mixed signal: RSI 14 has recovered from the low-30s into the mid-40s, and MACD just crossed positive after a deeply negative stretch both indicators are improving, working against this short
- Given the improving momentum, this is a contrarian fade rather than a high-conviction trend continuation the bounce could easily extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which marks resistance after the breakdown
$CRCL
Pair: $CRCL /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 82.00 – 82.30
Take Profit:
- TP1: 81.17 +5%
- TP2: 80.51 +10%
- TP3: 79.53 +16%
Stop Loss: 83.46
Chart Structure:
- CRCL spiked to an 88 high, then sold off sharply, breaking below MA7, MA25, and eventually stabilizing near the MA99 (purple, ~84) before bouncing back to test the moving-average cluster near current price
- Current price sits right at the entry zone, essentially retesting the underside of the broken structure a level where sellers have previously stepped in during this decline
- ⚠️ Mixed signal: RSI 14 has recovered from the low-30s into the mid-40s, and MACD just crossed positive after a deeply negative stretch both indicators are improving, working against this short
- Given the improving momentum, this is a contrarian fade rather than a high-conviction trend continuation the bounce could easily extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which marks resistance after the breakdown
$CRCL
