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Cryptoluter

$ZHONGJI /USDT Perp – "Bearish Rejection – Short"**


**Trading Plan Short $ZHONGJI
Entry: 129.30 – 129.60
SL: 130.20
TP1: 128.50
TP2: 128.00

ZHONGJI is up +0.67% at 129.17, rejected below the EMA10 (129.11) and the 130.21 yellow resistance. MACD is bearish. TP targets the 126.19 low. SL above 130.20.
#GateStockInsightsChallenge
ZHONGJI-1.24%
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GasPainter
· an hour ago
Honestly, the wicks on contracts for small-cap coins are brutal. It's hard to say whether the low of 126.19 can be reached. Try with a small position; don't bet with a heavy position.
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GasFeeWizard
· an hour ago
The setup is clear, and the bearish signal has indeed emerged, but would entering at 129.3 be a bit of a chase? It would be safer to wait for a pullback before shorting.
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StableArbKing
· an hour ago
I decisively followed after EMA10 was broken, but the stop-loss at 130.2 was quite tight, so getting stopped out wasn’t too painful, and the risk-reward ratio was decent.
View OriginalReply0
TrendSurfer
· an hour ago
The MACD death cross and pressure from key resistance levels make the technical outlook bearish, but the +0.67% gain shows that the bulls are still struggling. Short-term short positions should be opened and closed quickly—don’t be greedy for profits.
View OriginalReply0

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