$POWER (1h) - Bearish Rejection Short


Bias: Short
Entry (Zone): 0.08545 - 0.08585
Targets:
TP1: 0.08470
TP2: 0.08395
TP3: 0.08320
Stop Loss: 0.08645
Why this Setup:
I see price stalling after a failed push higher, and the 1h structure still looks heavy with lower highs forming. I want to short into this weak rebound because a break back below the local support area could extend the move toward the prior lows.
#GateSquareMayTradingShare
POWER-2.46%
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
Add a comment
Add a comment
No comments
  • Pin