$MELANIA — Slammed descending channel at 0.11983, About to erase millions soon...

Trade Plan: Short $MELANIA
Entry: 0.115 - 0.120
SL: 0.12473
TP: 0.10142 | 0.08638 | 0.07259

Strategy: Adjust Quantities to that much you can afford to loose

Why this Setup?
Price has slammed into the descending channel near 0.11983 as sellers defend the upper zone. A rejection could accelerate the downside toward 0.10142 and lower. As long as 0.12473 holds, the bearish setup remains valid.

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