$BLESS /USDT — SHORT Setup 📉
Entry Zone: 0.0245 – 0.0255
Stop Loss: 0.0312
Take Profits:
🎯 TP1: 0.0220
🎯 TP2: 0.0190
🎯 TP3: 0.0160
🎯 TP4: 0.0130
🎯 TP5: 0.0100
Analysis:
The 4H chart shows a parabolic rally followed by strong rejection from the 0.0305 resistance. Price is struggling to hold above the recent breakout zone, suggesting buyer exhaustion and increasing selling pressure. If the current resistance continues to reject price, a correction toward previous support levels becomes more likely, creating a favorable risk-to-reward short opportunity.
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Trade here 👇
Entry Zone: 0.0245 – 0.0255
Stop Loss: 0.0312
Take Profits:
🎯 TP1: 0.0220
🎯 TP2: 0.0190
🎯 TP3: 0.0160
🎯 TP4: 0.0130
🎯 TP5: 0.0100
Analysis:
The 4H chart shows a parabolic rally followed by strong rejection from the 0.0305 resistance. Price is struggling to hold above the recent breakout zone, suggesting buyer exhaustion and increasing selling pressure. If the current resistance continues to reject price, a correction toward previous support levels becomes more likely, creating a favorable risk-to-reward short opportunity.
#ShareMyTradFi
Trade here 👇