#US short setup — 15m chart looks heavy #US
$US : price rejected from 0.0275 and dumped straight to 0.0206. That's -32% in one move. RSI cooling, EMA 50 and EMA 200 both above price. Structure is bearish.
Short entry: 0.02000 – 0.02300
Targets: 0.01690 / 0.01350
Leverage: Cross 10x
SL: 0.02590
If it bounces into the 0.021-0.023 zone and rejects, I think it continues down. The way this candle closed, it doesn't look like a bottom yet.
$US : price rejected from 0.0275 and dumped straight to 0.0206. That's -32% in one move. RSI cooling, EMA 50 and EMA 200 both above price. Structure is bearish.
Short entry: 0.02000 – 0.02300
Targets: 0.01690 / 0.01350
Leverage: Cross 10x
SL: 0.02590
If it bounces into the 0.021-0.023 zone and rejects, I think it continues down. The way this candle closed, it doesn't look like a bottom yet.
