$GTC Bearish / Short Setup
Entry Zone: $0.200 – $0.204
Targets: $0.192 (TP1) | $0.182 (TP2) | $0.170 (TP3)
Stop Loss: $0.215
Rationale & Execution Rules: A sharp +16% price surge was met with immediate rejection, creating a potential shorting opportunity. Wait for entry confirmation rather than jumping in blindly. If price breaks above $0.215 and holds, the short thesis is invalidated. Keep position sizes strictly managed due to elevated market volatility.
$GTC
#IglooShutsDownAbstractBlockchain #write2earnonbinancesquare
Entry Zone: $0.200 – $0.204
Targets: $0.192 (TP1) | $0.182 (TP2) | $0.170 (TP3)
Stop Loss: $0.215
Rationale & Execution Rules: A sharp +16% price surge was met with immediate rejection, creating a potential shorting opportunity. Wait for entry confirmation rather than jumping in blindly. If price breaks above $0.215 and holds, the short thesis is invalidated. Keep position sizes strictly managed due to elevated market volatility.
$GTC
#IglooShutsDownAbstractBlockchain #write2earnonbinancesquare