A 3.0% stop at 0.45 translates to a 10x position to keep risk around 30% of equity, so the trade stays tight. STEEM is testing a bearish swing low near 0.42 after a clear CHoCH and liquidity sweep.
🔴 $STEEM SHORT 📉
Entry $0.066833-$0.066967 | SL $0.068907 (-3.0%) | TP1 $0.065896 (+1.5%) | TP2 $0.063555 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower, confirming a change of character, while CVD shows aggressive selling volume. An order block sits right above the fair value gap, and the liquidity sweep hit the prior swing high, giving a strong confluence.
The 3.0% stop is relatively tight, so 8‑10x leverage is appropriate to stay within a 30% max risk per trade.
Take half profit once price hits the first order block at 0.38.
Not financial advice — always manage your own risk 🙏
$STEEM #STEEMUSDT #CircleMints500MUSDCOnSolana #TradingSignals #Write2Earn
🔴 $STEEM SHORT 📉
Entry $0.066833-$0.066967 | SL $0.068907 (-3.0%) | TP1 $0.065896 (+1.5%) | TP2 $0.063555 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower, confirming a change of character, while CVD shows aggressive selling volume. An order block sits right above the fair value gap, and the liquidity sweep hit the prior swing high, giving a strong confluence.
The 3.0% stop is relatively tight, so 8‑10x leverage is appropriate to stay within a 30% max risk per trade.
Take half profit once price hits the first order block at 0.38.
Not financial advice — always manage your own risk 🙏
$STEEM #STEEMUSDT #CircleMints500MUSDCOnSolana #TradingSignals #Write2Earn