$TRADOOR Keep bearish. Many people are waiting for a complete breakdown before they dare to enter; I’m more inclined to find a spot before everyone rushes in.



Right now, the 4-hour short structure is still intact, and the daily chart is also weak. The price is consolidating roughly in the range of 0.50045 to 0.50243. I checked the 15-minute RSI—around 49—momentum is neutral, and there may still be room to move down. Also, the 15-minute volume has expanded by 1.15x; the sell-side looks pretty real.

On the downside, you can watch areas around 0.49429 and even 0.48238, with defense roughly at 0.51097. Don’t go too heavy chasing, watch your risk—do you think this move will keep going down?
TRADOOR5.48%
View Original
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