PLAY/USDT SHORT
Trade Plan:
Entry: 0.03405 – 0.03415
Stop Loss: 0.03445
Take Profit 1: 0.03375
Take Profit 2: 0.03345
Take Profit 3: 0.03310
The 15m chart is showing a series of lower highs, indicating weakening bullish momentum.
Price is trading below the MA(25) and MA(99), while the recent rejection suggests sellers remain in control.
The sharp bearish candle signals increased selling pressure, making a continuation lower more likely unless buyers reclaim resistance.
A rejection near the entry zone offers a favorable risk-to-reward short setup.
Risk Management: Use 5x–10x maximum leverage, risk only 1–2% of your trading capital per trade, and move your stop loss to breakeven after TP1 is reached. If a 15-minute candle closes above 0.03445 with strong volume, invalidate the short setup.
$PLAY
Trade Plan:
Entry: 0.03405 – 0.03415
Stop Loss: 0.03445
Take Profit 1: 0.03375
Take Profit 2: 0.03345
Take Profit 3: 0.03310
The 15m chart is showing a series of lower highs, indicating weakening bullish momentum.
Price is trading below the MA(25) and MA(99), while the recent rejection suggests sellers remain in control.
The sharp bearish candle signals increased selling pressure, making a continuation lower more likely unless buyers reclaim resistance.
A rejection near the entry zone offers a favorable risk-to-reward short setup.
Risk Management: Use 5x–10x maximum leverage, risk only 1–2% of your trading capital per trade, and move your stop loss to breakeven after TP1 is reached. If a 15-minute candle closes above 0.03445 with strong volume, invalidate the short setup.
$PLAY