๐ฐ Market Sentiment: Mixed โ Bearish trend with a possible bullish retracement.
โ ๏ธ High volatility expected โ Trade with caution!
๐ป Bearish Setup โ Short Position ๐
๐ Entry Zone: $0.4325 - $0.4350 (If price fails to break resistance)
๐ Confirmation: Rejection near resistance with low volume & bearish candles.
๐ฏ Take Profit (TP) Targets โ SHORT
โ
TP1: $0.4250 (Minor support โ scalp exit)
โ
TP2: $0.4185 (Liquidity grab โ stronger move down)
โ
TP3: $0.4140 (Major support โ possible bounce zone)
๐จ Stop Loss (SL) for Shorts
๐ SL: $0.4400 (Above resistance & FVG zone โ invalidation point)
๐ด Bearish Confluences:
๐ธ Market Structure Shift (MSS): Downtrend intact with lower highs.
๐ธ Order Block (OB) Above Price: Resistance at $0.4420 likely to push price lower.
๐ธ Liquidity Sweep Possible: Fakeout pump into $0.4420-$0.4485 before a strong dump.
๐ Bearish Game Plan:
If price spikes to $0.4420-$0.4485 and rejects, enter short aggressively.
Watch for volume decrease before confirming a sell setup.
๐น Bullish Setup โ Long Position ๐
๐ Entry Zone: $0.4280 - $0.4325 (If price holds support & shows strength)
๐ Confirmation: Strong bullish candle close above $0.4325 with high volume.
๐ฏ Take Profit (TP) Targets โ LONG
โ
TP1: $0.4420 (First resistance โ take partials here)
โ
TP2: $0.4485 (FVG fill & supply zone โ key level to break)
โ
TP3: $0.4550 (Breakout zone โ major trend reversal possible)
๐จ Stop Loss (SL) for Longs
๐ SL: $0.4190 (Below recent support โ invalidation of bullish move)
๐ข Bullish Confluences:
๐น Strong Support at $0.4147: Buyers aggressively defended this level.
๐น FVG Above Price: Potential push towards $0.4420 - $0.4485.
๐น Volume Increasing: Signs of bullish momentum creeping in.
๐ Bullish Game Plan:
If price holds $0.4280-$0.4325 & volume picks up, enter long.
Break & close above $0.4420 confirms further upside potential.
๐ Final Thoughts & Execution Plan
โ
Bearish Bias: Until $0.4420 is broken convincingly.
โ
Short-term Bullish Move Possible: Potential retracement before another drop.
โ
High-Risk Zone: $0.4420 - $0.4485 โ Watch for fakeouts!
๐ฏ Patience is key! Let price confirm before entering.
๐ข Trade smart, manage risk, and let the market come to you! ๐๐ฅ
