$MINIMAX dumped 6.2% in 24h, smashing the 23.7 shelf it held all night.
It held 23.7 for hours, then one 117K-volume candle broke it down to 22.57. The bounce since has been weak, stalling right under the 1H EMA20/50 cluster at 22.27/22.58. 1H RSI sits at a neutral 46 while daily RSI at 29 shows the trend is still down. A retest of the broken shelf is the cleanest short entry.
MINIMAX — SHORT Setup
Entry: 22.400 - 22.600
TP1: 21.700
TP2: 21.520
TP3: 21.200
SL: 22.950
Valid while price stays under 22.95 and below the 1H EMA50.
Would you wait for the 22.50 retest, or short it right at 22.24 for a deeper entry but wider stop?
Not financial advice. DYOR.
$MINIMAX #Altcoins #CryptoTrading
It held 23.7 for hours, then one 117K-volume candle broke it down to 22.57. The bounce since has been weak, stalling right under the 1H EMA20/50 cluster at 22.27/22.58. 1H RSI sits at a neutral 46 while daily RSI at 29 shows the trend is still down. A retest of the broken shelf is the cleanest short entry.
MINIMAX — SHORT Setup
Entry: 22.400 - 22.600
TP1: 21.700
TP2: 21.520
TP3: 21.200
SL: 22.950
Valid while price stays under 22.95 and below the 1H EMA50.
Would you wait for the 22.50 retest, or short it right at 22.24 for a deeper entry but wider stop?
Not financial advice. DYOR.
$MINIMAX #Altcoins #CryptoTrading