๐ด $ICNT /USDT ยท Bias: SHORT
A short bias needs sellers to defend 0.2906 and force a rejection close back under 0.2861.
Entry: 0.2861 โ 0.2906
TP1: 0.2802 (-2.8%)
TP2: 0.2747 (-4.7%)
TP3: 0.2692 (-6.6%)
SL: 0.2964 (+2.8%)
Why: A failed push into the zone followed by a close beneath 0.2861 would confirm sellers still defend the retest.
Risk: A clean break and hold above 0.2906 would invalidate the fade and invite a squeeze.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
How would you size the fade if 0.2906 rejects on the first probe?
โ ๏ธ Personal market analysis only. NFA โ manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
A short bias needs sellers to defend 0.2906 and force a rejection close back under 0.2861.
Entry: 0.2861 โ 0.2906
TP1: 0.2802 (-2.8%)
TP2: 0.2747 (-4.7%)
TP3: 0.2692 (-6.6%)
SL: 0.2964 (+2.8%)
Why: A failed push into the zone followed by a close beneath 0.2861 would confirm sellers still defend the retest.
Risk: A clean break and hold above 0.2906 would invalidate the fade and invite a squeeze.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
How would you size the fade if 0.2906 rejects on the first probe?
โ ๏ธ Personal market analysis only. NFA โ manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
