📉 Trade Setup: #LQTY (Short Position)
The strategy focuses on a rejection at the resistance zone, targeting lower price levels. The channel suggests using high leverage, which significantly increases both potential profit and risk.
📍 Key Price Levels
Entry Price Zone: Around 0.4032
Stop Loss (SL): 0.4300 (Protecting against a breakout to the upside)
Take Profit (TP) Targets:
TP 1: 0.3900
TP 2: 0.3800
TP 3: 0.3700
TP 4: 0.3600
⚙️ Trade Parameters
Leverage: 20x (Cross/Isolated)
Strategy: Set a Limit Order in the Entry Zone or wait for the price to hit that level before entering.
⚠️ Risk Warning
Using 20x leverage means a 5% move against your position will result in a 100% loss of your initial margin (liquidation).
Important: Trading signals from social media channels should be used with caution. Always perform your own technical analysis and never risk more than you can afford to lose.
#Altcoins #MickySingh #ShortSignal #Blockchain
