🔴 #berish Decision: SHORT is the correct move (4H timeframe)
Why SHORT?
• On the 4H chart, there is a strong bearish structure
• Price is trading far below EMA20 (21.55) and EMA50 (18.95)
• EMA200 is around 12.10, meaning more downside is still possible
• Recent upward moves are only dead-cat bounces
• RSI is below 50, showing weak bullish momentum
⸻
📉 Short Trade Plan
• Current Price: ~15.0
• Stop Loss: 16.2 – 16.5 (above the recent lower high)
• Take Profit 1: 14.5
• Take Profit 2: 13.8
• Take Profit 3 (Major Support): 13.1
👉 After TP1, move SL to entry (breakeven)
👉 5x leverage is okay, but avoid over-leveraging