Post
Bearish

Range-bound markets are about to punish the longs, and SYMBOL is the test case.



$CRCL /USDT - SHORT

Trade Plan:
Entry: 86.59 – 87.09
SL: 89.23
TP1: 85.05
TP2: 83.85
TP3: 82.05

Why this setup?
Why now? The daily trend is range, but the 1h ATR of 0.997156 shows a volatility spike that favors a short move. The 15m RSI at 74.75 signals overbought exhaustion, and the 1h price of 86.84 sits at the entry zone high. The target TP1 of 85.05 and TP2 of 83.85 are reachable if momentum shifts, while the invalidation level of 89.23 is the line in the sand that would wipe out the trade.

Debate:
Are we hitting TP2 or getting trapped by a range continuation?

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CRCLCRCL+5.76%


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DigitalSkillsCrypto
20 minutes ago
First Review
Interesting 👀
0