$AIO Pushing into the Resistance Zone, Short with Discipline
AIO Short Trading Plan (20x)
👉Entry: 0.10400 – 0.10460
SL: 0.10800
TP1: 0.10200
TP2: 0.09800
TP3: 0.09400
AIO is pushing up to the 0.10400 – 0.10460 zone after a pullback from below. But don't get your hopes up, this zone is showing clear signs of resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still leans towards sellers.
The stop loss is placed at 0.10800, a fairly clean round mark, above the resistance zone. If it gets swept, don't regret it. If the price is rejected here, the targets of 0.10200 → 0.09800 → 0.09400 are entirely feasible.
The distance from entry to stop loss is quite wide (~3.2-3.8%). Divide your capital and manage risk well.
Do you think this area is stable? Or is there still an upward wave? Comment to discuss!