$WAL UP 56%… BUT THIS SUPPLY ZONE COULD CHANGE EVERYTHING
WAL breaks out but price is approaching the $0.062–$0.073 supply zone. I closed my long here & Now seeing an opportunity to short it.
SHORT setup
Entry: $0.062–$0.068 after bearish rejection
Stop Loss: $0.074
TP1: $0.056
TP2: $0.050
TP3: $0.045
I want to see sellers defend this zone & price lose short-term support before entering. If buyers absorb the supply & price holds above it then we will not short it until criteria fulfilled.
The pump is strong but Let's see if sellers defend this supply zone
#Wal
WAL breaks out but price is approaching the $0.062–$0.073 supply zone. I closed my long here & Now seeing an opportunity to short it.
SHORT setup
Entry: $0.062–$0.068 after bearish rejection
Stop Loss: $0.074
TP1: $0.056
TP2: $0.050
TP3: $0.045
I want to see sellers defend this zone & price lose short-term support before entering. If buyers absorb the supply & price holds above it then we will not short it until criteria fulfilled.
The pump is strong but Let's see if sellers defend this supply zone
#Wal