Post

$DELTA /USDT Perp – "Bearish Continuation – Short"**


**Trading Plan Short $DELTA
Entry: 0.00780
SL: 0.00820
TP1: 0.007576
TP2: 0.007400
Explanation: DELTA is in a downtrend from the 0.008764 high. The current bounce is facing resistance at the 0.008395 yellow line. With MACD slightly negative, shorting the rally targets the purple support at 0.007576, with a secondary target at 0.007400
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.
DELTADELTA-19.31%

  • 1

Add a comment
Add a comment

Comment
ApprovalExpiryAlarm
8 minutes ago
I've seen too many of these bearish continuation patterns lately. Shorting the rebound does indeed have a high win rate, but you need to keep a close eye on whether the yellow-line resistance stages a false breakout.
0View Original
HighAmbition
11 minutes ago
How much upside is left ?
0
ContrarianFlag
15 minutes ago
First Review
Since dropping from 0.008764, it still hasn’t seen a meaningful rebound. With the yellow line acting as resistance this time, continue shorting—once the stop-loss is clear, it’s worth entering.
0View Original