$BANK short: sellers need to hold 0.0279 on the 4H đ
The daily trend is down and momentum is stretched to the downside. I'm watching 0.0279 to cap price; a clean rejection there keeps 0.0271 in play. Above 0.0289 and I step aside.
What I'm seeing:
- Daily below EMA200 0.0440, the bigger trend is on this side
- BTC short-term trend bearish, a tailwind for this idea
- Risk 4.0% to SL vs 6.3% to TP3, about 1.6R if the full move plays out
đŽ SHORT · Entry 0.02771â0.02787 · TP 0.02713 / 0.02669 / 0.02603 · SL 0.02889
Rejection at 0.0279, or a push through it?
NFA · DYOR
The daily trend is down and momentum is stretched to the downside. I'm watching 0.0279 to cap price; a clean rejection there keeps 0.0271 in play. Above 0.0289 and I step aside.
What I'm seeing:
- Daily below EMA200 0.0440, the bigger trend is on this side
- BTC short-term trend bearish, a tailwind for this idea
- Risk 4.0% to SL vs 6.3% to TP3, about 1.6R if the full move plays out
đŽ SHORT · Entry 0.02771â0.02787 · TP 0.02713 / 0.02669 / 0.02603 · SL 0.02889
Rejection at 0.0279, or a push through it?
NFA · DYOR
