✅ The short idea makes sense because: • 70,800–71,000 appears to be a resistance zone. • The market is currently moving sideways (range). • You entered near the top of the range, which is a common short strategy.
$FHE Profit (TP) market order set near 0.0700, which aligns with previous price action spikes. Above that, the psychological level of 0.1000 (where your Trailing Stop is labeled) is the next major hurdle. • Support: If the price retraces, the 0.047 - 0.048 zone (where the EMA 20 sits) should act as the first line of defense.$FHE