$LLY rejected my key resistance again, so I’m taking a SHORT based purely on the price action.
Trade Setup — SHORT 📉
Entry Zone: 1180.75 – 1192.61
Target 1: 1133.54
Target 2: 1086.34
Target 3: 1039.13
Stop Loss: 1227.95
Why this setup works:
LLY is showing repeated rejection around resistance, suggesting sellers are stepping in. If the rejection holds, the markdown phase could continue toward the lower targets.
I’m following the trend and keeping the plan simple: entry on the rejection, risk defined by the stop, and profits taken progressively at the targets.
$LLY
#CFTCUpdatesGuidanceOnTokenizedAssets #BinanceWillListHyperliquid(HYPE) #FedProposesRulesForBankIssuedStablecoins #OndoFinanceSoughtSaleAfterFoundersDeath #FedOctoberRateHikeOddsRiseTo69.7%
Trade Setup — SHORT 📉
Entry Zone: 1180.75 – 1192.61
Target 1: 1133.54
Target 2: 1086.34
Target 3: 1039.13
Stop Loss: 1227.95
Why this setup works:
LLY is showing repeated rejection around resistance, suggesting sellers are stepping in. If the rejection holds, the markdown phase could continue toward the lower targets.
I’m following the trend and keeping the plan simple: entry on the rejection, risk defined by the stop, and profits taken progressively at the targets.
$LLY
#CFTCUpdatesGuidanceOnTokenizedAssets #BinanceWillListHyperliquid(HYPE) #FedProposesRulesForBankIssuedStablecoins #OndoFinanceSoughtSaleAfterFoundersDeath #FedOctoberRateHikeOddsRiseTo69.7%
