$STO I don't want to talk too confidently, but this spot really is worth trying for a short. The 0.04538–0.04556 suppression area is a range I've drawn repeatedly. After two consecutive 4-hour sessions with long upper wicks, the bulls clearly don't have the strength to take over. The 15-minute RSI is still around the middle, which suggests the downward move hasn't fully played out yet, and there's still room.
As for volume, it looks elevated versus the average—by a noticeable margin. And most of it comes from aggressive sell orders, not passive resting orders. With this kind of structure, I don't expect an immediate, sudden dump; instead, there's a high probability it will grind lower slowly. Since the signal has been given, I'll follow it.
🔴 Trading direction: Short
📍 Entry range: 0.04538 – 0.04556
🛑 Stop loss: 0.04632
🎯 Take profit 1: 0.04483
🎯 Take profit 2: 0.04441
🎯 Take profit 3: 0.04377
#STO
Click below to trade👇👇👇
As for volume, it looks elevated versus the average—by a noticeable margin. And most of it comes from aggressive sell orders, not passive resting orders. With this kind of structure, I don't expect an immediate, sudden dump; instead, there's a high probability it will grind lower slowly. Since the signal has been given, I'll follow it.
🔴 Trading direction: Short
📍 Entry range: 0.04538 – 0.04556
🛑 Stop loss: 0.04632
🎯 Take profit 1: 0.04483
🎯 Take profit 2: 0.04441
🎯 Take profit 3: 0.04377
#STO
Click below to trade👇👇👇