$ON /USDT SHORT TRADE SETUP
Entry: $0.1780 – $0.1795
TP1: $0.1720
TP2: $0.1650
TP3: $0.1580
Stop Loss: $0.1835
Reason:
• Price faced strong rejection at the local high of $0.2028 and formed a lower high structure on the lower timeframes.
• Bearish continuation momentum is building as selling pressure steps in after the recent impulsive pump.
• Breakdown below the immediate short-term moving average support zone signals waning bullish momentum.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.
Entry: $0.1780 – $0.1795
TP1: $0.1720
TP2: $0.1650
TP3: $0.1580
Stop Loss: $0.1835
Reason:
• Price faced strong rejection at the local high of $0.2028 and formed a lower high structure on the lower timeframes.
• Bearish continuation momentum is building as selling pressure steps in after the recent impulsive pump.
• Breakdown below the immediate short-term moving average support zone signals waning bullish momentum.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.