$1000000BOB What catches my attention in the current dip zone around 0.0123-0.0127. The chart shows some weakness after those previous highs, and with momentum fading on shorter timeframes, it seems like a good place to short if you're playing the downside. Enter here on the correction or retest, with a stop-loss higher at 0.0134 to contain risk if it reverses unexpectedly. Then scale out at TP1 at 0.0116 for the quick part, TP2 at 0.0108 if it continues to slide, and TP3 at 0.0099 for larger downside if volume increases on the sell-offs. This is a volatile speculative trade with sharp swings, so avoid large sizes and monitor funding and liquidation closely.


Entry: 0.0123 – 0.0127
Stop Loss: 0.0134
First Target: 0.0116
Second Target: 0.0108
Third Target: 0.0099
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)