The 4H trend is Bearish, with the price action consistently staying below the EMA(25) and EMA(99), which are acting as dynamic resistance. The recent attempt to rally was sharply rejected at this key EMA cluster, confirming seller dominance and the strength of the downtrend.
The trigger for this short setup is the clear momentum failure on the lower timeframes. On the 1H/15m charts, the RSI was rejected at the 50 midline during the latest bounce, failing to establish any bullish momentum. This RSI rejection, combined with the price failing at the 4H EMAs, signals a high-probability continuation of the prevailing bearish trend. We are entering as the price rolls over, anticipating a move toward the previous major low.
Actionable Setup Now (SHORT)
Entry: market at 0.5859
TP1: 0.5531
TP2: 0.5350
TP3: 0.5100
SL: 0.6050
LDOUSDT
Perp
0.5997
+2.67%
IRYSUSDT
Perp
0.03109
+16.45%
CARVUSDT
Perp
0.1408
-1.33%