1000FLOKI is crumbling under the weight of its own momentum, and we're eyeing a short entry as the market structure breaks down. This is our chance to ride the wave of selling pressure that's been building.
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🔴 1000FLOKI SHORT 📉
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📍 Entry Range: $0.022487 – $0.022533
🛑 Stop Loss: $0.023185 (-3.0%)
🎯 TP1: $0.022172 (+1.5%)
🏆 TP2: $0.021384 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 88%
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The combination of a CHoCH signal, CVD confirming the direction, and a clear FVG has lit up our radar, indicating a high-probability short setup. The overlap of OB and POI confluence is the icing on the cake, suggesting a significant move is in motion. With 88% confidence and a solid 1:1.7 risk/reward ratio, this trade has all the makings of a winner.
A 3.0% stop loss may seem tight, but given the leverage we're using, it's a necessary evil to protect our capital and make this trade worthwhile.
We'll look to take partial profits at TP1, banking some of that sweet momentum and letting the remainder of the position ride out the wave of selling pressure.
Not financial advice — always manage your own risk 🙏
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