๐ Professional SHORT Trade Setup
Market Structure
After a strong pump, price formed a top at 0.00509 and is now showing a pullback + bearish momentum shift.
Indicators Confirmation:
MACD bearish crossover + red histogram
RSI dropping (57 โ weakening strength)
Price trading below Bollinger Mid Band (0.00477)
Volume decreasing โ buyers losing control
โก๏ธ Overall Bias: SHORT continuation
โ
Trade Plan (High Probability)
Entry Zone (Sell)
๐ 0.00472 โ 0.00478
(This is the rejection zone near mid-band resistance)
Stop Loss (Strict Risk Control)
๐ 0.00512
Above the recent swing high for safety
Take Profit Targets
๐ฏ Target 1
0.00450 (First support)
๐ฏ Target 2
0.00415 (Major demand zone)
๐ฏ Target 3
0.00390 (Strong base support)
๐ Risk Management
Use low leverage (5xโ10x max)
Book partial profits at each target
Move SL to breakeven after Target 1