๐ด $TRADOOR Short Setup โ Fading the Bounce
Price: ~$0.74 | Entry Zone: $0.724 โ $0.738
Not every trade is a long. Sometimes the smart money is on the other side.
๐ Entry Zone: $0.724 โ $0.738
๐ฏ TP1: $0.718
๐ฏ TP2: $0.710
๐ฏ TP3: $0.705
๐ SL: $0.740
โก Leverage: Up to 20x
R:R โ 1:2.6 on TP3 โ
Bearish momentum stays valid while price holds below $0.740
Why short. Why here.
๐น TRADOOR is currently trading in a consolidation range between $0.70 support and $0.80 resistance โ with RSI sitting at 48.5 and MACD flattening near zero. No directional conviction. In range-bound conditions with bearish structure, you fade the top of the range.
๐น Price is down 4.20% over the last 7 days โ underperforming the broader crypto market which is up 2.50% in the same period. When everything goes up and your coin goes down, that's relative weakness. Shorts love relative weakness.
๐น TRADOOR is sitting 92% below its all-time high of $9.98 โ with a market cap of only $11M and just 14M tokens in circulation. Thin liquidity = fast moves in both directions. Respect that with position sizing.
๐น 45.66M tokens โ 76% of total supply โ are still locked and coming to market. That's a permanent ceiling on sustained rallies until supply absorption catches up.
โ ๏ธ The Risk:
If TRADOOR breaks and holds above the $0.816 level with momentum, a new upward trend could form targeting $0.95 then $1.20. That's why the SL at $0.740 is non-negotiable โ honor it.
Thin markets move fast. 20x leverage means a 5% move against you wipes the position. Size accordingly.
The Setup in One Line:
Fading a weak coin, in a weak structure, at the top of its range.
That's not a gamble. That's a thesis.
Not financial advice. Manage your risk. DYOR.