$ALT (1h) - Bearish Rejection Setup


Bias: Short
Entry (Zone): 0.00618 - 0.00628
Targets:
TP1: 0.00605
TP2: 0.00592
TP3: 0.00578
Stop Loss: 0.00642
Why this Setup:
I’m seeing price reject the recent push into local resistance, and I want to fade weakness as long as it stays below the 0.00635 area. I’ll look for follow-through back toward the mid-range support levels, with the recent breakout zone acting as the first downside target.
ALT10.55%
post-image
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
  • Pinned