ACE short setup: the levels I'm watching

🔮 SHORT $ACE /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.167698 – 0.168402
TP1: 0.160698 (-4.4%)
TP2: 0.155796 (-7.3%)
TP3: 0.148444 (-11.7%)
SL: 0.177853 (+5.8%)
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, 6/12 signals agree, 2 against, 4 undecided.
‱ 4h trend: price < EMA50 < EMA200, bearish stack → the swing trend is down
‱ 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
‱ 4h RSI: 29.2, bearish momentum (below 45) → sellers have the momentum
Risk: Distance from 1h EMA50: −3.6 ATR from the 1h EMA50, overextended with bounce risk → price fell far below its average, a bounce is likely

Why I like it:
The daily trend reads range, and 6/12 signals aligned favour the short side. The plan is to work the 0.167698 – 0.168402 zone, scale out at 0.160698 and 0.155796, and stay patient for 0.148444. A move through 0.177853 means the idea is wrong and the stop does its job.

Does ACE tag 0.160698 first, or the stop?

Full setup on the chart below.

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