$MET /USDT SHORT TRADE SETUP
Entry: 0.3660 - 0.3700
TP1: 0.3500
TP2: 0.3350
TP3: 0.3150
Stop Loss: 0.3850
Reason:
• Price action shows a sharp rejection near local resistance, failing to sustain higher levels after the recent daily pullback.
• Lower timeframe structure (15m/1h) displays a series of lower highs and lower lows, indicating strong intraday bearish momentum.
• Re-test of the breakdown zone near the moving average acting as dynamic overhead resistance.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.
Entry: 0.3660 - 0.3700
TP1: 0.3500
TP2: 0.3350
TP3: 0.3150
Stop Loss: 0.3850
Reason:
• Price action shows a sharp rejection near local resistance, failing to sustain higher levels after the recent daily pullback.
• Lower timeframe structure (15m/1h) displays a series of lower highs and lower lows, indicating strong intraday bearish momentum.
• Re-test of the breakdown zone near the moving average acting as dynamic overhead resistance.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.