$APR — rejected hard from the distribution zone, and sellers look like they're taking over here.
The resistance block sits at 0.0325 – 0.0365. That's where I want to be shorting into strength, not weakness.
Short setup, scaled in:
· Entry 1: 0.0325 (50% of size)
· Entry 2: 0.0345 (30%)
· Entry 3: 0.0365 (20%)
Targets: 0.0305 / 0.0295 / 0.0288 / 0.0270
Stop: 0.0452
If entries 2 and 3 never get filled, just go 100% at entry 1. Don't chase it lower.
One thing I'll say straight: that stop at 0.0452 is about 24% above the top of your DCA zone. On a short, that's a lot of room for a squeeze to hurt you. The targets are only 15–17% below the first entry, so the risk-reward is upside-down if you're filled near the top. Keep your size genuinely small here, because if APR runs against you, the stop is far enough away to do real damage.
Short it small, and respect the invalidation. 👉 #APR #EarningsSeason #SwitzerlandApprovesFirstBitcoinETF
The resistance block sits at 0.0325 – 0.0365. That's where I want to be shorting into strength, not weakness.
Short setup, scaled in:
· Entry 1: 0.0325 (50% of size)
· Entry 2: 0.0345 (30%)
· Entry 3: 0.0365 (20%)
Targets: 0.0305 / 0.0295 / 0.0288 / 0.0270
Stop: 0.0452
If entries 2 and 3 never get filled, just go 100% at entry 1. Don't chase it lower.
One thing I'll say straight: that stop at 0.0452 is about 24% above the top of your DCA zone. On a short, that's a lot of room for a squeeze to hurt you. The targets are only 15–17% below the first entry, so the risk-reward is upside-down if you're filled near the top. Keep your size genuinely small here, because if APR runs against you, the stop is far enough away to do real damage.
Short it small, and respect the invalidation. 👉 #APR #EarningsSeason #SwitzerlandApprovesFirstBitcoinETF