$1000SHIB - SHORT scenario (x30)
Sell-side flow is running hot on the 30m, with 59.7% of trades hitting the bid, and price sits under both the 30m EMA34 and EMA89. The 4H and 1H trends point down too, so I'd call this a clean bearish picture while price works toward 0.0051. If buyers flip that 30m sell share, the read changes.
Trade plan:
Entry: 0.00506 - 0.00507
SL: 0.00511 (-0.9%)
TP: 0.00502 - 0.00498 - 0.00493 (+1.0-2.6%)
⚠️ Personal market insight, not investment advice. DYOR.
Sell-side flow is running hot on the 30m, with 59.7% of trades hitting the bid, and price sits under both the 30m EMA34 and EMA89. The 4H and 1H trends point down too, so I'd call this a clean bearish picture while price works toward 0.0051. If buyers flip that 30m sell share, the read changes.
Trade plan:
Entry: 0.00506 - 0.00507
SL: 0.00511 (-0.9%)
TP: 0.00502 - 0.00498 - 0.00493 (+1.0-2.6%)
⚠️ Personal market insight, not investment advice. DYOR.