1000SHIB is setting up for a short with a confidence level of 91%. Current market conditions indicate a high probability of a downturn.

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🔴 1000SHIB SHORT 📉

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📍 Entry Range: $0.005360 – $0.005370

🛑 Stop Loss: $0.005526 (-3.0%)

🎯 TP1: $0.005285 (+1.5%)

🏆 TP2: $0.005097 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 91%

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The CHoCH signal has fired, indicating a break in market structure, while CVD confirms the direction with increasing volume. Additionally, the FVG and OB are overlapping, creating a strong POI confluence that supports this short setup. The market structure is looking weak, with a clear order block that's likely to hold as resistance.

A 3.0% stop loss is relatively tight, so leverage will be kept moderate to manage risk effectively.

Taking partial profits at TP1 is a sensible move to lock in some gains, given the 1:1.7 risk-to-reward ratio, and then letting the rest ride to the full target.

Not financial advice — always manage your own risk 🙏

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