HEMI looks weak here despite the bounce.

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

Entry: 0.0057916 – 0.0058004
TP1: 0.0057195 (-1.3%)
TP2: 0.0056685 (-2.2%)
TP3: 0.0055920 (-3.5%)
SL: 0.0058980 (+1.8%)
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, 3/12 signals agree, 0 against, 9 undecided.
‱ Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
‱ 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

Q: Why short when the bounce pulled price back up?
A: The daily trend is bearish, with price below the EMA50 and EMA200, so the bounce is likely a pullback.

Q: When is this trade wrong?
A: If price moves back above the 1h EMA50, the short-term trend shifts bullish and the setup fails.

Where do you set your stop if you take this short?

Chart with every level below.

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