$ELSA is showing signs of a sharp reversal after its 9% rally! I’m expecting another bearish move toward $0.060. 📉
I’m opening a BIG SHORT position on $ELSA here as the recent rejection near $0.067 suggests the rally may be losing momentum.
If $0.064 breaks decisively, selling pressure could accelerate toward $0.0596.
entry: $0.0641 – $0.0644
targets: $0.0630 / $0.0615 / $0.05966
sl: $0.06698
This is a risky countertrend trade, so I’m keeping my stop-loss in place.
Will $ELSA drop toward $0.060 or bounce back? 👀
I’m opening a BIG SHORT position on $ELSA here as the recent rejection near $0.067 suggests the rally may be losing momentum.
If $0.064 breaks decisively, selling pressure could accelerate toward $0.0596.
entry: $0.0641 – $0.0644
targets: $0.0630 / $0.0615 / $0.05966
sl: $0.06698
This is a risky countertrend trade, so I’m keeping my stop-loss in place.
Will $ELSA drop toward $0.060 or bounce back? 👀
