📉 Opportunity for 🔴🔽 SHORT (Sell) at $ETC 🚨
📊 Futures Trading Setup:🔽🔴 SHORT
🚪 Entry: 7.230
🎯 Target 1 (TP1): 7.050
🎯 Target 2 (TP2): 6.850
🛑 Stop Loss (SL): 7.450
🧠 Simple Technical Explanation:
The chart shows that price was rising supported by a trend line, but it lost momentum and "broke" that line downward. What we’re seeing now at 7.230 is a retest: the price rose just a little to touch the old uptrend line, confirming that it has now turned into a barrier (resistance). Since buyers don’t have the strength to break through there, the expectation is that sellers will take control and the price will fall.
⚠️ Manage your risk and don’t forget the Stop! Good trades!
#ETC #TradingSignals #FutureTradingSignals #strategy #BinanceSquare
📊 Futures Trading Setup:🔽🔴 SHORT
🚪 Entry: 7.230
🎯 Target 1 (TP1): 7.050
🎯 Target 2 (TP2): 6.850
🛑 Stop Loss (SL): 7.450
🧠 Simple Technical Explanation:
The chart shows that price was rising supported by a trend line, but it lost momentum and "broke" that line downward. What we’re seeing now at 7.230 is a retest: the price rose just a little to touch the old uptrend line, confirming that it has now turned into a barrier (resistance). Since buyers don’t have the strength to break through there, the expectation is that sellers will take control and the price will fall.
⚠️ Manage your risk and don’t forget the Stop! Good trades!
#ETC #TradingSignals #FutureTradingSignals #strategy #BinanceSquare