To be honest, I’ve been watching this move for $IN all day. The 4-hour structure hasn’t broken down at all. Every time it bounces back to around 0.0505, it gets pushed back down—what is this? A textbook-level resistance confirmation. The 15-minute trading volume is clearly a bit cold; the buy side can’t really hold it up.
I directly placed a short order in this range. A stop loss just a little above the previous high is enough. My first target is around 0.0498—if it breaks, then I’ll keep holding. Don’t ask me why I’m not going long. Longing at this spot is basically handing money to the main players.
🔴 Trade Direction: Short
📍 Entry Range: 0.05052 – 0.05072
🛑 Stop Loss: 0.05162
🎯 Take Profit 1: 0.04987
🎯 Take Profit 2: 0.04937
🎯 Take Profit 3: 0.04862
#IN
Click below to trade👇👇👇
I directly placed a short order in this range. A stop loss just a little above the previous high is enough. My first target is around 0.0498—if it breaks, then I’ll keep holding. Don’t ask me why I’m not going long. Longing at this spot is basically handing money to the main players.
🔴 Trade Direction: Short
📍 Entry Range: 0.05052 – 0.05072
🛑 Stop Loss: 0.05162
🎯 Take Profit 1: 0.04987
🎯 Take Profit 2: 0.04937
🎯 Take Profit 3: 0.04862
#IN
Click below to trade👇👇👇