$APT
APTUSDT
Trade Direction: SHORT 🔴
Timeframe: 30 minutes
Entry Zone: 0.8248 – 0.8252
Stop Loss (SL): 0.8362
🥇 TP1: 0.8174
🥈 TP2: 0.8054
🥉 TP3: 0.7902
Leverage: 15x
Margin: 3%
🛡 Risk Management:
Maximum loss if the stop loss is hit should be 1% of total capital or less.
📊 Entry Analysis:
1. Bearish reaction at the 0.84 resistance level following a strong rally.
2. Weakness among buyers and the potential formation of a double top pattern.
3. RSI is at 49.87 below the average of 54.46.
4. A breakdown below 0.8174 could increase the likelihood of further correction.
#Write2Earn
#BinanceSquare
APTUSDT
Trade Direction: SHORT 🔴
Timeframe: 30 minutes
Entry Zone: 0.8248 – 0.8252
Stop Loss (SL): 0.8362
🥇 TP1: 0.8174
🥈 TP2: 0.8054
🥉 TP3: 0.7902
Leverage: 15x
Margin: 3%
🛡 Risk Management:
Maximum loss if the stop loss is hit should be 1% of total capital or less.
📊 Entry Analysis:
1. Bearish reaction at the 0.84 resistance level following a strong rally.
2. Weakness among buyers and the potential formation of a double top pattern.
3. RSI is at 49.87 below the average of 54.46.
4. A breakdown below 0.8174 could increase the likelihood of further correction.
#Write2Earn
#BinanceSquare