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$YGG It seems he is exhausted after that last big dump 🔴
Entry: 0.02156 🔥
Target: 0.02139 🚀
Stop-loss: 0.0219 ⚠️
The RSI indicator is at 41.9, which tells me that the buying momentum is starting to lose strength. Also, the price is below both the EMA20 and EMA50 on the higher timeframe, confirming the bearish structure. I have 80% confidence in this short trade based on the alignment of signals on the chart.
These setups offer a clear risk-to-reward ratio with three take-profit levels, but the first target is already reasonable if you’re looking for a quick reversal. What makes you think this downtrend won’t continue?
Not financial advice. Always manage your risk.
#YGG #ShortSetup #Bearish #Crypto