$龙虾 Opening a Short order at this time is to follow the current downtrend of the market.
However, because the asset has decreased by nearly 37%, "swinging" Short at the current price (0.04096) carries the risk of chasing.
The more optimal entry point for Short orders according to technical analysis is usually to wait for the price to have a slight recovery (pullback) to touch the dynamic resistance lines (such as MA7 around 0.049) and be rejected
Short now 👇👇👇
However, because the asset has decreased by nearly 37%, "swinging" Short at the current price (0.04096) carries the risk of chasing.
The more optimal entry point for Short orders according to technical analysis is usually to wait for the price to have a slight recovery (pullback) to touch the dynamic resistance lines (such as MA7 around 0.049) and be rejected
Short now 👇👇👇