$BILL is losing the upstream rally
Short $BILL (DCA Entries)
EP1: 0.00675 – 60%
EP2: 0.00700– 20%
EP3: 0.00750 – 20%
SL: 0.00850
TP1: 0.006300
TP2: 0.006100
TP3: 0.005940
TP4: 0.005700
Why:
$BILL faced rejection at 0.00756 and is pulling back below MA7 (0.00695). MACD momentum is fading, with declining volume after the sharp pump, suggesting possible further correction. MA25 (0.00616) is the first key support, followed by MA99 (0.00594). A sustained recovery above 0.00710 weakens the short setup, while a break above 0.00740 invalidates it.
Short $BILL (DCA Entries)
EP1: 0.00675 – 60%
EP2: 0.00700– 20%
EP3: 0.00750 – 20%
SL: 0.00850
TP1: 0.006300
TP2: 0.006100
TP3: 0.005940
TP4: 0.005700
Why:
$BILL faced rejection at 0.00756 and is pulling back below MA7 (0.00695). MACD momentum is fading, with declining volume after the sharp pump, suggesting possible further correction. MA25 (0.00616) is the first key support, followed by MA99 (0.00594). A sustained recovery above 0.00710 weakens the short setup, while a break above 0.00740 invalidates it.