I am shorting USELESS after sellers pushed it far below its average.
đŽ SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.2009771 â 0.2022629
TP1: 0.1922378 (-4.7%)
TP2: 0.1859829 (-7.8%)
TP3: 0.1766007 (-12.4%)
SL: 0.2141297 (+6.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 23.3 with sellers in control (DI+ 16.2 vs DIâ 33.7) â sellers are driving the move
âą 4h RSI: 34.7, bearish momentum (below 45) â sellers have the momentum
Risk: Distance from 1h EMA50: â3.8 ATR from the 1h EMA50, overextended with bounce risk â price fell far below its average, a bounce is likely
If it plays out:
If the short-term trend keeps working, the 1h price should reach the entry low again, as the 1h RSI shows sellers still have the momentum.
If it fails:
If USELESS bounces from its recent drop, the 1h price will need to reclaim the entry high, so I would exit and remove the stop.
Where would you place your stop if you were shorting at the entry high?
Full setup on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đŽ SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.2009771 â 0.2022629
TP1: 0.1922378 (-4.7%)
TP2: 0.1859829 (-7.8%)
TP3: 0.1766007 (-12.4%)
SL: 0.2141297 (+6.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 23.3 with sellers in control (DI+ 16.2 vs DIâ 33.7) â sellers are driving the move
âą 4h RSI: 34.7, bearish momentum (below 45) â sellers have the momentum
Risk: Distance from 1h EMA50: â3.8 ATR from the 1h EMA50, overextended with bounce risk â price fell far below its average, a bounce is likely
If it plays out:
If the short-term trend keeps working, the 1h price should reach the entry low again, as the 1h RSI shows sellers still have the momentum.
If it fails:
If USELESS bounces from its recent drop, the 1h price will need to reclaim the entry high, so I would exit and remove the stop.
Where would you place your stop if you were shorting at the entry high?
Full setup on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.