🔴 SHORT $META /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 726.52289 – 727.07711
TP1: 720.65277 (-0.8%)
TP2: 716.55462 (-1.4%)
TP3: 710.40740 (-2.3%)
SL: 734.99630 (+1.1%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Range days still end with directional moves.

Why SHORT? Leaning call, 2/11 signals agree, 0 against, 9 undecided.
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• Relative strength vs BTC: underperforming, −1.50% vs BTC over the last day → weaker than BTC

The 1h price is below EMA50 and EMA200, so the short-term trend is down. The 1h price sits 0.8 ATR below the 1h EMA50, meaning it has room to revert.

Where would you place your short entry relative to 726.52289?

Full setup on the chart below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.