🔽 Trading Plan AriaAI/USDT (Short) 🔽
Trading Logic:
Another AI token is showing weakness after a massive pump. It is perfectly clear in the chart that the price failed to sweep the highs, leaving a "Weak High" zone above, and has started to round off, forming a bearish structure. Buyers have clearly run out of strength. I have entered short right from the current levels, as the setup looks incredibly bearish. I expect a downward movement strictly following the drawn black trajectory.
$ARIA
Short Zone: Entry from the current levels (around 0.30105) or on a small local bounce upwards.
🔴 Targets:
1. 0.25000 (Mid zone, local support)
2. 0.20103 (Main target following the black arrow, testing the red block)
$ARIA
👨💻 Technical Analysis:
After a vertical takeoff, the asset has entered as expected into a distribution phase. Big players are unloading their positions just below the highs. The black trajectory shows my main scenario: a bit of local noise followed by a brutal dump towards the 0.20103 mark to cool off the chart. There is absolutely no fuel left for another rise, we are trading down, and definitely using stop losses!
$ARIA #futuros #Binance