#big This chart shows a *short/sell trade setup* 📉
*Breakdown:* - *RESISTANCE / ENTRY*: The price reached the area of 77,000-78,000, where resistance was met. The green box has "ENTRY" written in it, meaning a sell entry plan was made here. - *Current Price*: It is at 76,311, which is below the entry. - *SUPPORT LINE / TARGET*: There is support near 74,000-74,500, which is the target set. The blue arrow indicates that the price could drop to that level.
Basically, this is a "sell at resistance, target support" setup. The price is currently below the entry, so the trade should be in profit.
Do you need another version of this chart or should I explain how it works?
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"Exploring new horizons with @openledger! 🚀📈 OpenLedger is revolutionizing the way we think about data management and blockchain innovation. Exciting times ahead! #OpenLedger $OPEN 📊💡"
"Exploring new horizons with @openledger! 🚀📈 OpenLedger is revolutionizing the way we think about data management and blockchain innovation. Exciting times ahead! #OpenLedger $OPEN 📊💡"