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shorting at a high
The price rebounded to a shorting position of 4030-4050.
If you see 4090-4100 for averaging down
Stop loss above the middle band of the daily Bollinger Bands at 4150
Target:
First target 3930
Second target 38604
1 hour shorting volume + daily resistance effective.
low position to fight for rebound
Entry conditions:
The price has dropped to 3930-3950 and the 1-hour RSI
Strict additional conditions: must be accompanied by an increase in trading volume or a signal of a whale buying again.
Stop loss: Set at 3880 below daily support
Target:
First target 4000 →
Second target 4050
Basis: Whale 3987 cost support + oversold rebound demand