$ON Short from 0.2438, target 0.2204 (1:2)
Short 📉
📍 Entry zone 0.2438
🛑 Stop loss 0.2555
🎯 Take profit 0.2204
That break of 0.2362 was small (7.8%), a quick poke and a sell-off from 0.2547. Looks like a failed breakout to me. Entry 0.2438 is simply where price stands now. Stop 0.2555, target 0.2204, reward about 2R. Small size, defined risk, move on if it fails.
#ON #Altcoins #FuturesTrading
Short 📉
📍 Entry zone 0.2438
🛑 Stop loss 0.2555
🎯 Take profit 0.2204
That break of 0.2362 was small (7.8%), a quick poke and a sell-off from 0.2547. Looks like a failed breakout to me. Entry 0.2438 is simply where price stands now. Stop 0.2555, target 0.2204, reward about 2R. Small size, defined risk, move on if it fails.
#ON #Altcoins #FuturesTrading
