🔴 $STORJ SHORT UPDATE
INSTITUTIONAL SHORT SETUP REMAINS VALID 📉
$STORJ is still showing a recovery-exhaustion structure with institutional shorts building while price struggles near resistance.
🎯 Entry: $0.04780 – $0.04820
🛑 SL: $0.05050
✅ TP1: $0.04600
✅ TP2: $0.04400
🔥 TP3: $0.04000
Conviction: 86.3%
📊 Key confirmations:
* 🔴 Funding: -0.0363%
* 🔴 Top Trader Ratio: 0.86 → 0.93
* 🔴 Price recovering on relatively light volume
* 🔴 Resistance: $0.04851
* 🔴 Negative basis supports bearish bias
* 🔴 Long liquidation liquidity sits below
* ✅ SL: 5.52%
* ✅ TP3 R:R: approximately 1:2.97
⚠️ Trigger: Best entry is after a failed breakout above $0.04851 followed by a bearish confirmation candle.
🎯 If $0.04700 breaks with strong selling volume, downside momentum could accelerate toward $0.04400 and potentially $0.04000.
#STORJ #Binance #CryptoTrading #ShortSignal #FuturesTrading
INSTITUTIONAL SHORT SETUP REMAINS VALID 📉
$STORJ is still showing a recovery-exhaustion structure with institutional shorts building while price struggles near resistance.
🎯 Entry: $0.04780 – $0.04820
🛑 SL: $0.05050
✅ TP1: $0.04600
✅ TP2: $0.04400
🔥 TP3: $0.04000
Conviction: 86.3%
📊 Key confirmations:
* 🔴 Funding: -0.0363%
* 🔴 Top Trader Ratio: 0.86 → 0.93
* 🔴 Price recovering on relatively light volume
* 🔴 Resistance: $0.04851
* 🔴 Negative basis supports bearish bias
* 🔴 Long liquidation liquidity sits below
* ✅ SL: 5.52%
* ✅ TP3 R:R: approximately 1:2.97
⚠️ Trigger: Best entry is after a failed breakout above $0.04851 followed by a bearish confirmation candle.
🎯 If $0.04700 breaks with strong selling volume, downside momentum could accelerate toward $0.04400 and potentially $0.04000.
#STORJ #Binance #CryptoTrading #ShortSignal #FuturesTrading