๐จ A new SHORT position has been opened on $META ๐๐ฅ
๐ Entry zone: between $635 โ $650
๐ฏ Target: $600
๐ Stop loss: above $670
The asset $META has hit a very strong resistance zone after a massive rally ๐โ ๏ธ
But interestingly, this rally occurred on relatively weak trading volume ๐๐
This often indicates a lack of momentum and a potential correction coming soon ๐๐ฅ
Currently, the trade looks good for a continued drop if sellers re-enter the market ๐ปโก
Iโm still holding my SHORT position and waiting for further downward movement ๐ฅ๐
Risk management remains the most important factor always ๐๐
#META #ุงูุฃุณูู #ุงูุชุฏุงูู #ุดูุฑุช #ูุงุณุฏุงู #investing #technical_analysis ๐๐ฅ
๐ Entry zone: between $635 โ $650
๐ฏ Target: $600
๐ Stop loss: above $670
The asset $META has hit a very strong resistance zone after a massive rally ๐โ ๏ธ
But interestingly, this rally occurred on relatively weak trading volume ๐๐
This often indicates a lack of momentum and a potential correction coming soon ๐๐ฅ
Currently, the trade looks good for a continued drop if sellers re-enter the market ๐ปโก
Iโm still holding my SHORT position and waiting for further downward movement ๐ฅ๐
Risk management remains the most important factor always ๐๐
#META #ุงูุฃุณูู #ุงูุชุฏุงูู #ุดูุฑุช #ูุงุณุฏุงู #investing #technical_analysis ๐๐ฅ