📉 $XTZ — BEARISH SHORT SETUP
🔥 Tezos is under selling pressure!
XTZ is currently trading at $0.3004, down approximately 5.95% in 24 hours. On the 1H chart, price is below MA(7), MA(25), and MA(99), indicating a bearish trend. MACD remains negative, although bearish momentum may be weakening.
🔴 Trade Direction: SHORT (Sell)
📍 Entry Zone: $0.3005 – $0.3020
🎯 TP1: $0.2994
🎯 TP2: $0.2975
🎯 TP3: $0.2950
🛑 Stop Loss: $0.3040
💡 Trading Strategy:
- A rejection near $0.3015–$0.3020 could offer a short opportunity.
- A confirmed break below $0.2994 may trigger further downside.
- If price reclaims $0.3020 and holds, avoid chasing shorts.
⚠️ Risk Management: Wait for confirmation before entering. Use a stop loss and avoid excessive leverage.
📊 My Bias: Bearish — SHORT preferred while price stays below resistance.
#XTZ #Tezos #XTZUSDT #CryptoTrading #FuturesTrading
🔥 Tezos is under selling pressure!
XTZ is currently trading at $0.3004, down approximately 5.95% in 24 hours. On the 1H chart, price is below MA(7), MA(25), and MA(99), indicating a bearish trend. MACD remains negative, although bearish momentum may be weakening.
🔴 Trade Direction: SHORT (Sell)
📍 Entry Zone: $0.3005 – $0.3020
🎯 TP1: $0.2994
🎯 TP2: $0.2975
🎯 TP3: $0.2950
🛑 Stop Loss: $0.3040
💡 Trading Strategy:
- A rejection near $0.3015–$0.3020 could offer a short opportunity.
- A confirmed break below $0.2994 may trigger further downside.
- If price reclaims $0.3020 and holds, avoid chasing shorts.
⚠️ Risk Management: Wait for confirmation before entering. Use a stop loss and avoid excessive leverage.
📊 My Bias: Bearish — SHORT preferred while price stays below resistance.
#XTZ #Tezos #XTZUSDT #CryptoTrading #FuturesTrading