🚨 EXPLOSIVE REJECTION AT KEY RESISTANCE! | XTZ/USDT
$XTZ has swept local buy-side liquidity around the $0.30 - $0.32 resistance zone. On lower timeframes (15m/1H), price is showing a sharp rejection with a fresh bearish Fair Value Gap (FVG) forming—setting up a clean intraday short scalp back toward demand pools before any potential rally to $0.34! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.295 - $0.310
🔹 Stop Loss (SL): $0.328 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.278
• TP2: $0.260
• TP3: $0.242
📌 Trade Logic: Price grabbed liquidity above $0.30 and failed to maintain higher timeframe momentum. Looking for a retest of lower sell-side liquidity before buyers can step in for a larger move toward $0.34.
⚠️ Risk Management: Stick to strict risk management! Do not risk more than 1-2% of your total capital per trade.
Are you shorting this $XTZ pullback or waiting for the $0.34 breakout? Let me know below! 👇
#XTZ #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Wait for a solid 15m bearish candle close below $0.295 to confirm seller dominance before entering the short position
$XTZ has swept local buy-side liquidity around the $0.30 - $0.32 resistance zone. On lower timeframes (15m/1H), price is showing a sharp rejection with a fresh bearish Fair Value Gap (FVG) forming—setting up a clean intraday short scalp back toward demand pools before any potential rally to $0.34! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.295 - $0.310
🔹 Stop Loss (SL): $0.328 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.278
• TP2: $0.260
• TP3: $0.242
📌 Trade Logic: Price grabbed liquidity above $0.30 and failed to maintain higher timeframe momentum. Looking for a retest of lower sell-side liquidity before buyers can step in for a larger move toward $0.34.
⚠️ Risk Management: Stick to strict risk management! Do not risk more than 1-2% of your total capital per trade.
Are you shorting this $XTZ pullback or waiting for the $0.34 breakout? Let me know below! 👇
#XTZ #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Wait for a solid 15m bearish candle close below $0.295 to confirm seller dominance before entering the short position
