PARTI is poised for a drop after breaking market structure, setting up a short opportunity. This zone matters as it's a confluence of key levels.

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🔴 PARTI SHORT 📉

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📍 Entry Range: $0.054296 – $0.054404

🛑 Stop Loss: $0.055981 (-3.0%)

🎯 TP1: $0.053535 (+1.5%)

🏆 TP2: $0.051632 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 88%

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The CHoCH signal fired as PARTI broke down, and CVD is confirming the direction with increasing volume on the sell side, while FVG and OB are overlapping to create a strong resistance zone. This setup looks solid given the POI confluence, where OB and FVG overlap, indicating a potential reversal point. The overall structure suggests a high likelihood of a move downwards.

A 3.0% stop loss is relatively tight but manageable with 2-3x leverage, allowing for a reasonable risk-reward ratio of 1:1.7.

Taking partial profit at TP1 could be a good strategy to lock in some gains, as this would allow for continued exposure to the potential downside while managing risk.

Not financial advice — always manage your own risk 🙏

#PARTIUSDT $PARTI #SMC #Write2Earn #Binance