$RAIN #RAIN 📉
Direction: SHORT
Entry zone: 0.00579860 to 0.00582184
Stop loss: 0.00589737
Target 1: 0.00569402
Target 2: 0.00560686
Rain is trading near 0.00581022 dollars, down 4.43 percent in 24 hours, inside a range of 0.00564769 to 0.00623907 dollars, and the recent closes show sellers in control with no real bounce, 0.00580026, then 0.00579284, then 0.00578290, then 0.00577757, then 0.00581022. 🔴 My reading is that RAIN is one of the weakest coins in the market right now, because it lost more than 4 percent on 11.5 million dollars of volume while Bitcoin was flat, and it is pinned at the bottom of its range instead of recovering with any relief. A short from the current zone, with a stop above 0.00589737, targets 0.00569402 first and then 0.00560686 if sellers push through the range low. A rise above 0.00589737 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Rain fall to 0.00569402 first, or rise above 0.00589737? 🤔
Follow for more trades.
#Rain #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.00579860 to 0.00582184
Stop loss: 0.00589737
Target 1: 0.00569402
Target 2: 0.00560686
Rain is trading near 0.00581022 dollars, down 4.43 percent in 24 hours, inside a range of 0.00564769 to 0.00623907 dollars, and the recent closes show sellers in control with no real bounce, 0.00580026, then 0.00579284, then 0.00578290, then 0.00577757, then 0.00581022. 🔴 My reading is that RAIN is one of the weakest coins in the market right now, because it lost more than 4 percent on 11.5 million dollars of volume while Bitcoin was flat, and it is pinned at the bottom of its range instead of recovering with any relief. A short from the current zone, with a stop above 0.00589737, targets 0.00569402 first and then 0.00560686 if sellers push through the range low. A rise above 0.00589737 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Rain fall to 0.00569402 first, or rise above 0.00589737? 🤔
Follow for more trades.
#Rain #Crypto #FuturesTrading #TradingSignals
