๐ด $GMT โ SHORT SETUP
Price made a strong impulsive move upward, then started to stall and consolidate right below the local high. Instead of chasing the move, Iโm watching this area for a rejection and potential downside continuation. ๐
๐ฏ Entry: 0.008601
๐ SL: 0.008762
๐ฐ TP: 0.008360
โ๏ธ R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870โ0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. โ
Letโs see how price reacts here. ๐
No FOMO. No revenge trade. Just follow the setup. ๐ง ๐
#GMT #CryptoFutures #Short #TradingSetup #PriceAction
Price made a strong impulsive move upward, then started to stall and consolidate right below the local high. Instead of chasing the move, Iโm watching this area for a rejection and potential downside continuation. ๐
๐ฏ Entry: 0.008601
๐ SL: 0.008762
๐ฐ TP: 0.008360
โ๏ธ R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870โ0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. โ
Letโs see how price reacts here. ๐
No FOMO. No revenge trade. Just follow the setup. ๐ง ๐
#GMT #CryptoFutures #Short #TradingSetup #PriceAction
