I doubt ACE can hold this level up

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

Entry: 0.171026 – 0.171554
TP1: 0.166060 (-3.1%)
TP2: 0.162574 (-5.1%)
TP3: 0.157344 (-8.1%)
SL: 0.178263 (+4.1%)
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? 4/12 signals agree, 0 against.
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 43.5)
• Sellers have the momentum (1h RSI 40.9)

Trade note: ACE
I'm watching ACE for a short setup. The 1h price is below both the EMA50 and EMA200, which means the short-term trend is down. I want to see the 1h price hold below the EMA50, because a break above would stop the trade. The risk is that the daily trend is range-bound and this could just be another pullback.

Where would you place your invalidation for this short?

Levels mapped on the chart below.

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