$NES Short Setup
$NES is showing a sharp rejection after spiking to $0.19999, with price now struggling below the $0.145 resistance. This looks like a potential mean-reversion move toward the lower support zones.
Trade Plan:
Entry: $0.139 – $0.145
TP1: $0.130
TP2: $0.120
SL: $0.154
The key is the rejection from the spike high—if $0.145 remains capped, bears could push price back toward support.
Never go all-in. Keep your position size controlled and wait for confirmation. DYOR/NFA.$NES
#AppleDebutsFoldablePhone #TSMCAugustRevenueUp53.3%YoY #IranSaysReadyToEscalateWarWithUS #EUExtendsCentralContactPointToCASPs #US10YTreasuryYieldHitsHighestSinceNov2023
$NES is showing a sharp rejection after spiking to $0.19999, with price now struggling below the $0.145 resistance. This looks like a potential mean-reversion move toward the lower support zones.
Trade Plan:
Entry: $0.139 – $0.145
TP1: $0.130
TP2: $0.120
SL: $0.154
The key is the rejection from the spike high—if $0.145 remains capped, bears could push price back toward support.
Never go all-in. Keep your position size controlled and wait for confirmation. DYOR/NFA.$NES
#AppleDebutsFoldablePhone #TSMCAugustRevenueUp53.3%YoY #IranSaysReadyToEscalateWarWithUS #EUExtendsCentralContactPointToCASPs #US10YTreasuryYieldHitsHighestSinceNov2023
