$龙虾 USDT BIG SHORT? 👀
Guys, this chart has already dropped over 21%, but I'm not interested in chasing a red candle just because it looks scary.
Price is below all three moving averages, and MACD remains negative. The trend is bearish, but after such a sharp sell-off, a relief bounce is absolutely possible.
My trading plan:
Direction: SHORT — wait for confirmation
Entry zone: 0.0209–0.0214, only after rejection
Stop-loss: Above 0.0220
TP1: 0.0195
TP2: 0.01873
TP3: Only if 0.01873 breaks with selling pressure
Leverage: Keep it low; no need to gamble
If price reclaims resistance and holds above it, the short setup weakens.
The market has already punished late sellers. Don't volunteer to be the next victim.
Guys, this chart has already dropped over 21%, but I'm not interested in chasing a red candle just because it looks scary.
Price is below all three moving averages, and MACD remains negative. The trend is bearish, but after such a sharp sell-off, a relief bounce is absolutely possible.
My trading plan:
Direction: SHORT — wait for confirmation
Entry zone: 0.0209–0.0214, only after rejection
Stop-loss: Above 0.0220
TP1: 0.0195
TP2: 0.01873
TP3: Only if 0.01873 breaks with selling pressure
Leverage: Keep it low; no need to gamble
If price reclaims resistance and holds above it, the short setup weakens.
The market has already punished late sellers. Don't volunteer to be the next victim.