A 3.0% stop at 3x margin means a 1% swing wipes the trade, so a 2โ3x leverage keeps risk in line. RSR is slipping under the recent swing low, primed for a short move.
๐ด $RSR SHORT ๐
Entry โ $0.001452-$0.001454
Stop โ $0.001497 (-3.0%)
TP1 โ $0.001431 (+1.5%)
TP2 โ $0.001380 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The market structure broke lower (CHoCH) and volume surged (CVD) confirming bearish intent. A fairโvalue gap sits on top of a fresh order block, and a liquidity sweep hit the 0.0380 pool, creating a POI where the OB and FVG overlap.
3.0% SL is relatively tight on this volatility, so a 2โ3x leverage fits the risk profile.
Consider taking half profit at the first target for a 1.7โฏR payoff.
Not financial advice โ trade only what you can afford to lose ๐
$RSR #RSRUSDT #THORChain #TradingSignals #Write2Earn
๐ด $RSR SHORT ๐
Entry โ $0.001452-$0.001454
Stop โ $0.001497 (-3.0%)
TP1 โ $0.001431 (+1.5%)
TP2 โ $0.001380 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The market structure broke lower (CHoCH) and volume surged (CVD) confirming bearish intent. A fairโvalue gap sits on top of a fresh order block, and a liquidity sweep hit the 0.0380 pool, creating a POI where the OB and FVG overlap.
3.0% SL is relatively tight on this volatility, so a 2โ3x leverage fits the risk profile.
Consider taking half profit at the first target for a 1.7โฏR payoff.
Not financial advice โ trade only what you can afford to lose ๐
$RSR #RSRUSDT #THORChain #TradingSignals #Write2Earn