Short $AR at 3.39 on the 4H: the resistance sellers must defend.
Price is 3.38, under the EMA50 at 3.60, so the trend still leans down. I want a rejection at 3.39, then 3.35 and 3.32. Lose 3.45 and I step aside.
The read:
- 4H price 3.38 below EMA50 3.60, trend structure still favors sellers
- BTC short-term trend bearish, a tailwind for this idea
- 1H RSI 48, momentum neutral with room to roll over
🔴 SHORT · Entry 3.378–3.388 · TP 3.346 / 3.321 / 3.283 · SL 3.445
Rejection at 3.39, or a push through 3.45?
NFA · DYOR
Price is 3.38, under the EMA50 at 3.60, so the trend still leans down. I want a rejection at 3.39, then 3.35 and 3.32. Lose 3.45 and I step aside.
The read:
- 4H price 3.38 below EMA50 3.60, trend structure still favors sellers
- BTC short-term trend bearish, a tailwind for this idea
- 1H RSI 48, momentum neutral with room to roll over
🔴 SHORT · Entry 3.378–3.388 · TP 3.346 / 3.321 / 3.283 · SL 3.445
Rejection at 3.39, or a push through 3.45?
NFA · DYOR
