TOMOUSDT 12H Timeframe Short setup !
Updated
📊 **Analysis by @LuciferCryptVIP**
**TOMO/USDT Short Setup Analysis**
📉 **Support and Liquidity Swap Levels:**
- Buy Zone: 1.0834 - 1.0461
- Strong Support: 1.0461
📈 **Resistance Levels:**
- Resistance 1: 1.5273
- Resistance 2: 1.6109
🎯 **Potential Targets:**
1. Target 1: 1.3428
2. Target 2: 1.2153
3. Target 3: 1.0988
📌 **Current Price: 1.4900**
📊 **Technical Analysis:**
- TOMO/USDT is currently trading near a critical resistance level at 1.5273.
- The price has exhibited a consolidation pattern, indicating a potential upcoming move.
- Strong support lies at 1.0461, serving as a crucial level to monitor for potential reversal or continuation.
- The targets present possible exit points for traders, with progressive downside potential.
- Traders are advised to exercise proper risk management and consider stop-loss strategies.
📈 **Trade Idea:**
- **Short Position Entry:** Upon a clear break below the strong support at 1.0461, consider entering a short position.
- **Targets:** Take profits at 1.3428, 1.2153, and 1.0988.
- **Stop-Loss:** Set a stop-loss above the resistance level at 1.6109.
🚨 **Risk Warning:** Trading involves substantial risk and may not be suitable for all investors. Ensure you understand the risks and have a solid risk management strategy.
This analysis is for educational purposes and not financial advice. Always do your own research before making trading decisions. Good luck!
@LuciferCryptVIP 🌟
(Note: This analysis is not financial advice. Please do your own research before making any trading decisions.)
**TOMO/USDT Short Setup Analysis**
📉 **Support and Liquidity Swap Levels:**
- Buy Zone: 1.0834 - 1.0461
- Strong Support: 1.0461
📈 **Resistance Levels:**
- Resistance 1: 1.5273
- Resistance 2: 1.6109
🎯 **Potential Targets:**
1. Target 1: 1.3428
2. Target 2: 1.2153
3. Target 3: 1.0988
📌 **Current Price: 1.4900**
📊 **Technical Analysis:**
- TOMO/USDT is currently trading near a critical resistance level at 1.5273.
- The price has exhibited a consolidation pattern, indicating a potential upcoming move.
- Strong support lies at 1.0461, serving as a crucial level to monitor for potential reversal or continuation.
- The targets present possible exit points for traders, with progressive downside potential.
- Traders are advised to exercise proper risk management and consider stop-loss strategies.
📈 **Trade Idea:**
- **Short Position Entry:** Upon a clear break below the strong support at 1.0461, consider entering a short position.
- **Targets:** Take profits at 1.3428, 1.2153, and 1.0988.
- **Stop-Loss:** Set a stop-loss above the resistance level at 1.6109.
🚨 **Risk Warning:** Trading involves substantial risk and may not be suitable for all investors. Ensure you understand the risks and have a solid risk management strategy.
This analysis is for educational purposes and not financial advice. Always do your own research before making trading decisions. Good luck!
@LuciferCryptVIP 🌟
(Note: This analysis is not financial advice. Please do your own research before making any trading decisions.)
Trade closed: target reached
FULL TARGET DONE! -30%
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