COOKIE/USDT Short Setup Loading - High-Probability Drop

Price recently pumped into a premium zone and gave us a clear Change of Character (ChoCh) — a classic signal that momentum is shifting from bullish to bearish. Now, we’re seeing a pullback into the 0.5–0.618 Fibonacci retracement zone, which often acts as a key area for entries.
📍 Trade Plan
Entry: 0.182 USDT
Stop-Loss: 0.191 USDT (above recent high / invalidation point)
Target: 0.173 - 0.1657 - 0.153
🔎 Why This Setup Stands Out:
✅ ChoCh Confirmed – Momentum has shifted, suggesting the bulls are losing control.
✅ Fibonacci Confluence – Price is pulling back right into the golden zone (0.5–0.618), offering a textbook short entry.
✅ Clean Risk/Reward – With a tight stop and a defined target, the setup offers solid R:R potential.
💭 Final Thought:
Now it’s all about confirmation. If we see a solid rejection in the zone, this setup could play out with strength. Patience is key — let the market come to you.
📍 Trade Plan
Entry: 0.182 USDT
Stop-Loss: 0.191 USDT (above recent high / invalidation point)
Target: 0.173 - 0.1657 - 0.153
🔎 Why This Setup Stands Out:
✅ ChoCh Confirmed – Momentum has shifted, suggesting the bulls are losing control.
✅ Fibonacci Confluence – Price is pulling back right into the golden zone (0.5–0.618), offering a textbook short entry.
✅ Clean Risk/Reward – With a tight stop and a defined target, the setup offers solid R:R potential.
💭 Final Thought:
Now it’s all about confirmation. If we see a solid rejection in the zone, this setup could play out with strength. Patience is key — let the market come to you.
Trade active
The setup snapped perfectly — after the BOS and break from the rising wedge, price melted straight into TP1 like butter on a hot cookie tray.
✅ TP2: Sniped! -9.40% already locked in
We’ve got momentum and structure on our side. The liquidity sweep at the top did its job, and now price is printing lower highs with conviction. FVG still wide open, but the path of least resistance is clear: down.
Next up? Eyes locked on the final target zone at 0.1400, where this cookie might fully crumble.
📉 Riding this short with patience — and confidence.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.