🚨 $VET Short Setup — Local Top Rejection & Volume Exhaustion
VET is showing clear signs of top-heavy rejection on the 4-hour chart after surging to a high of 0.007624. Price has printed a strong bearish engulfing candle down to 0.006904 (-4.12% on the current bar), breaking back below the key 0.00700 mark as green buying volume dries up. Failure to hold this local structural zone opens the door for a deeper corrective retracement back toward the lower support blocks near 0.00620.
📍 Short Entry: 0.00690 – 0.00725 🎯 TP1: 0.00650 🎯 TP2: 0.00615 🎯 TP3: 0.00570 🛑 Stop Loss: 0.00768
⚠️ Risk Notice: Shorting right after a major breakout move carries heightened volatility risk. Avoid panic-selling at the bottom of red wicks—wait for a minor low-timeframe bounce into the retest entry zone, manage position sizing conservatively, and strictly cap total risk at 1% of total capital.
Stick to structured risk management — control the trade! 📉
👇 Click below to open the trade
$HEMI
$MAGMA
VET is showing clear signs of top-heavy rejection on the 4-hour chart after surging to a high of 0.007624. Price has printed a strong bearish engulfing candle down to 0.006904 (-4.12% on the current bar), breaking back below the key 0.00700 mark as green buying volume dries up. Failure to hold this local structural zone opens the door for a deeper corrective retracement back toward the lower support blocks near 0.00620.
📍 Short Entry: 0.00690 – 0.00725 🎯 TP1: 0.00650 🎯 TP2: 0.00615 🎯 TP3: 0.00570 🛑 Stop Loss: 0.00768
⚠️ Risk Notice: Shorting right after a major breakout move carries heightened volatility risk. Avoid panic-selling at the bottom of red wicks—wait for a minor low-timeframe bounce into the retest entry zone, manage position sizing conservatively, and strictly cap total risk at 1% of total capital.
Stick to structured risk management — control the trade! 📉
👇 Click below to open the trade
$HEMI
$MAGMA
