CRCL is setting up for a short with 88% confidence, offering a 1:1.7 risk/reward ratio. Current market structure suggests a high-probability trade.

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🔴 CRCL SHORT 📉

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📍 Entry Range: $112.2476 – $112.4724

🛑 Stop Loss: $115.7308 (-3.0%)

🎯 TP1: $110.6746 (+1.5%)

🏆 TP2: $106.7420 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 88%

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The CHoCH signal indicates a market structure break, while CVD confirms the direction with increasing volume, and FVG shows a fair value gap. Overlapping order blocks and FVG create a strong POI confluence, supporting this short setup. The OB at current levels adds to the conviction.

A 3.0% stop loss is relatively tight, suggesting the use of 2-3x leverage to maximize returns while managing risk.

Taking partial profits at TP1 could be a prudent strategy to lock in some gains, given the relatively high confidence level in this CRCL short setup.

Not financial advice — always manage your own risk 🙏

#CRCLUSDT $CRCL #SMC #Write2Earn #Binance