š $METAB ā BEARISH SHORT SETUP
ā ļø Strong Selling Pressure After Breakdown!
METAB is trading at 692.93 USDT, down 1.22%. On the 1H chart, the price is below MA(7), MA(25), and MA(99), indicating a bearish trend. A sharp sell-off pushed the price to 682.59, followed by a small relief bounce.
š“ Trade Direction: SHORT
š Entry Zone: 693ā696 USDT
šÆ TP1: 690 USDT
šÆ TP2: 688 USDT
šÆ TP3: 683 USDT
š Stop Loss: 700 USDT
š Key Levels
- Resistance: 695ā702 USDT
- Support: 688 USDT
- Major Support: 682.59 USDT
Trading Strategy: If the price fails to break above 695ā696, bearish continuation is possible. A break below 688 may open the way toward 683. Avoid chasing the trade after a sharp drop; wait for confirmation.
ā ļø Risk Management: Use a strict stop loss and avoid excessive leverage. This setup is based on the provided 1H chart, not a live-market confirmation.
#METAB #CryptoTrading #ShortSetup #TechnicalAnalysis
@Binance Square Official @NOUYAN-MUGHAL
ā ļø Strong Selling Pressure After Breakdown!
METAB is trading at 692.93 USDT, down 1.22%. On the 1H chart, the price is below MA(7), MA(25), and MA(99), indicating a bearish trend. A sharp sell-off pushed the price to 682.59, followed by a small relief bounce.
š“ Trade Direction: SHORT
š Entry Zone: 693ā696 USDT
šÆ TP1: 690 USDT
šÆ TP2: 688 USDT
šÆ TP3: 683 USDT
š Stop Loss: 700 USDT
š Key Levels
- Resistance: 695ā702 USDT
- Support: 688 USDT
- Major Support: 682.59 USDT
Trading Strategy: If the price fails to break above 695ā696, bearish continuation is possible. A break below 688 may open the way toward 683. Avoid chasing the trade after a sharp drop; wait for confirmation.
ā ļø Risk Management: Use a strict stop loss and avoid excessive leverage. This setup is based on the provided 1H chart, not a live-market confirmation.
#METAB #CryptoTrading #ShortSetup #TechnicalAnalysis
@Binance Square Official @NOUYAN-MUGHAL