🔴 $GMT — 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, I’m watching this area for a rejection and potential downside continuation. 📉
🎯 Entry: 0.008601
🛑 SL: 0.008762
💰 TP: 0.008360
⚖️ R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870–0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. ❌
Let’s see how price reacts here. 👀
No FOMO. No revenge trade. Just follow the setup. 🧠📊
#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, I’m watching this area for a rejection and potential downside continuation. 📉
🎯 Entry: 0.008601
🛑 SL: 0.008762
💰 TP: 0.008360
⚖️ R:R: ~1:1.5
The key is simple: if price fails to reclaim the 0.00870–0.00875 resistance zone, the short idea remains valid. A clean break above the invalidation zone = setup cancelled. ❌
Let’s see how price reacts here. 👀
No FOMO. No revenge trade. Just follow the setup. 🧠📊
#GMT #CryptoFutures #Short #TradingSetup #PriceAction
