tradethereversal

$STRAX /USDT short trade signal 🔴
SHORT TRADE SIGNAL – BEARISH REJECTION FROM LOCAL HIGH!

$STRAX just spiked to $0.05500 but sharply rejected with a long upper wick, indicating strong seller presence at resistance. Price is now pulling back after forming a bearish engulfing pattern on the 4H chart, signaling potential downside toward support levels.

Trade Setup (SHORT):
Entry: $0.04780 – $0.04950
Target 1: $0.04520
Target 2: $0.04350
Stop Loss: $0.05080

Why Short?
Price surged from the $0.04379 low but failed to maintain momentum above the $0.05500 level. The rejection candle combined with decreasing volume and inability to sustain higher highs suggests exhaustion from buyers. If price closes below $0.04750, further downside becomes more probable.

Risk Management Tip:
Stick to your stop loss above $0.05100 — if this level is broken, the bearish bias is invalidated. Use trailing stops to protect profit as targets approach.

Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!

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buy and trade here on $STRAX

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