🔴 $龙虾 — FUTURES SHORT 📉 | Bearish Continuation Setup
The coin is trading near $0.02900, down 16.59% in 24 hours. The 1H chart shows a strong downtrend from $0.04854, with price consolidating near its recent low of $0.02648. Short bias remains, but a rebound is possible after such a steep decline.
📍 Entry Zone: $0.0293–$0.0302
🛑 Stop Loss: $0.0312
🎯 TP1: $0.0280
🎯 TP2: $0.0265
🎯 TP3: $0.0254
⚡ Leverage: 10x–20x
💰 Risk Management: Risk maximum 1% of total capital.
📊 Technical Context
• Current Price: $0.02900
• Resistance: $0.03023, then $0.0320
• Support: $0.0280, then $0.02648
• Trend: Strongly bearish on the displayed 1H chart
• Selling volume is easing, so a short squeeze is possible.
⚠️ Confirmation: Short only after rejection near $0.0293–$0.0302, or a confirmed break below $0.02648 followed by a failed retest. If price reclaims $0.0312, avoid this setup. Don't chase the drop.
Verdict: SHORT BIAS 🔴 — wait for confirmation; no blind entry.
Trade $龙虾 Here 👇
⚠️ Not financial advice. Levels are based on your screenshot and can change quickly. Verify the correct trading pair and live price before trading.
#CryptoTrading #Binance #FuturesTrading #ShortSetup #altcoins
The coin is trading near $0.02900, down 16.59% in 24 hours. The 1H chart shows a strong downtrend from $0.04854, with price consolidating near its recent low of $0.02648. Short bias remains, but a rebound is possible after such a steep decline.
📍 Entry Zone: $0.0293–$0.0302
🛑 Stop Loss: $0.0312
🎯 TP1: $0.0280
🎯 TP2: $0.0265
🎯 TP3: $0.0254
⚡ Leverage: 10x–20x
💰 Risk Management: Risk maximum 1% of total capital.
📊 Technical Context
• Current Price: $0.02900
• Resistance: $0.03023, then $0.0320
• Support: $0.0280, then $0.02648
• Trend: Strongly bearish on the displayed 1H chart
• Selling volume is easing, so a short squeeze is possible.
⚠️ Confirmation: Short only after rejection near $0.0293–$0.0302, or a confirmed break below $0.02648 followed by a failed retest. If price reclaims $0.0312, avoid this setup. Don't chase the drop.
Verdict: SHORT BIAS 🔴 — wait for confirmation; no blind entry.
Trade $龙虾 Here 👇
⚠️ Not financial advice. Levels are based on your screenshot and can change quickly. Verify the correct trading pair and live price before trading.
#CryptoTrading #Binance #FuturesTrading #ShortSetup #altcoins