šØ $NIGHT : Massive Wick Rejection at 0.087 ā Short Setup ā”ļø
Plan Trade: Short š“
Entry Zone: 0.063 - 0.061
Take Profit:
šÆ TP1: 0.056
šÆ TP2: 0.054
šÆ TP3: 0.051
Stop Loss: 0.066
{future}(NIGHTUSDT)
Technical Analysis:
The H4 candle left a massive upper wick (peaking at 0.08782), confirming aggressive profit-taking and selling pressure. On the 15m chart, price is sliding below the EMAs, indicating sellers are in full control. H4 RSI (42) remains bearish, suggesting the downtrend is far from over.