🔥 $RAYSOL /USDT Short Setup — My POV
RAYSOL is trading near $2.48, right below a major resistance around $2.58. The chart looks stretched after the recent aggressive move, and I’m watching for rejection from this area before considering a short.
📉 Trade Setup: SHORT
🎯 Entry: $2.48
🛑 Stop Loss: $2.62
✅ Take Profits:
TP1: $1.90
TP2: $1.78
TP3: $1.06
The $1.78–$1.90 zone is the first major support/demand area on the chart, so I’d expect some reaction there. A clean breakdown below that zone could open the path toward the $1.06 level.
⚠️ The key invalidation is a strong daily breakout and hold above $2.58–$2.62. I would not chase the move after a large candle; confirmation of rejection is important.
📌 Risk management: This is a high-volatility setup. Keep position size small, define your risk before entering, and consider taking partial profits at each TP.
This is my chart-based scenario, not a guaranteed outcome. DYOR. 👀📉
$DEXE
$ZEC
RAYSOL is trading near $2.48, right below a major resistance around $2.58. The chart looks stretched after the recent aggressive move, and I’m watching for rejection from this area before considering a short.
📉 Trade Setup: SHORT
🎯 Entry: $2.48
🛑 Stop Loss: $2.62
✅ Take Profits:
TP1: $1.90
TP2: $1.78
TP3: $1.06
The $1.78–$1.90 zone is the first major support/demand area on the chart, so I’d expect some reaction there. A clean breakdown below that zone could open the path toward the $1.06 level.
⚠️ The key invalidation is a strong daily breakout and hold above $2.58–$2.62. I would not chase the move after a large candle; confirmation of rejection is important.
📌 Risk management: This is a high-volatility setup. Keep position size small, define your risk before entering, and consider taking partial profits at each TP.
This is my chart-based scenario, not a guaranteed outcome. DYOR. 👀📉
$DEXE
$ZEC