$ORDER SPIKES TO LOCAL RESISTANCE — SHORT SETUP 📉🔥
🔴 SHORT
Entry Range: $0.0520–$0.0610
Stop Loss: $0.0780
TP1: $0.0480
TP2: $0.0380
TP3: $0.02722
ORDER has printed a massive 83.58% daily expansion candle, surging up to a high of $0.10317 before pulling back to trade around $0.06060. For me, the key is whether bears can defend this upper supply zone and drive price lower toward macro support.
I’m looking for a continued corrective pullback while ORDER remains capped below resistance. A sustained breakdown from this region could push price toward $0.0480 first, followed by $0.0380, and eventually the primary support floor marked at $0.02722.
After such an extreme vertical expansion, I’m definitely not treating it like a free-money trade 😅. Volatility can be brutal on momentum reversals, so I’d rather manage position size and respect risk instead of shorting recklessly with high leverage.
As long as price stays capped under resistance, my bias favors further downside. Above $0.0780, the setup is invalidated for me.
Now let’s see if ORDER completes this correction back to the lower support zone 📉🔥
$BMT
$JCT
🔴 SHORT
Entry Range: $0.0520–$0.0610
Stop Loss: $0.0780
TP1: $0.0480
TP2: $0.0380
TP3: $0.02722
ORDER has printed a massive 83.58% daily expansion candle, surging up to a high of $0.10317 before pulling back to trade around $0.06060. For me, the key is whether bears can defend this upper supply zone and drive price lower toward macro support.
I’m looking for a continued corrective pullback while ORDER remains capped below resistance. A sustained breakdown from this region could push price toward $0.0480 first, followed by $0.0380, and eventually the primary support floor marked at $0.02722.
After such an extreme vertical expansion, I’m definitely not treating it like a free-money trade 😅. Volatility can be brutal on momentum reversals, so I’d rather manage position size and respect risk instead of shorting recklessly with high leverage.
As long as price stays capped under resistance, my bias favors further downside. Above $0.0780, the setup is invalidated for me.
Now let’s see if ORDER completes this correction back to the lower support zone 📉🔥
$BMT
$JCT