COFFEE Trade Plan


$COFFEE ☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️ ‌☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️
Current Setup (1H Chart)
Price: 2.6435 | -2.88% sharp selloff
SuperTrend flipped bearish at 2.6981 (now above price 🔴)
Price approaching BB Lower Band (LB: 2.6302) — near today's low of 2.6372
MACD: DIF (-0.0178) below DEA (-0.0090), histogram expanding red → momentum firmly bearish
Primary Bias: BEARISH
Scenario A — Bounce & Short (Best Setup)
Wait for a dead-cat bounce into resistance before shorting.

Level
Short Entry
2.6600–2.6700 (prior support, now resistance)
Stop Loss
Above 2.6981 (SuperTrend)
Target 1
2.6372 (today's low)
Target 2
2.6152 (next support)
R:R
~2:1
Scenario B — Breakdown Short
If price breaks and closes below 2.6372.

Level
Short Entry
2.6350 confirmed breakdown
Stop Loss
Back above 2.6600
Target
2.6000–2.6152
Scenario C — Contrarian Long (Risky)
Only on strong reversal candle at BB lower band.

Level
Entry
2.6310–2.6372 with confirmation
Stop
Below 2.6150
Target
2.7049 (BB midband)
Risk
HIGH — fighting the trend
Key Signals
SuperTrend bearish flip is the dominant signal
BB lower band may cause brief bounce but not reversal
MACD shows no signs of bottoming yet
Gap down open (-2.88%) shows strong selling pressure
Bias: Short bounces. Avoid longs until SuperTrend turns green again.
COFFEE0.67%
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