We previously considered a short setup on this asset, and the trade performed well.
After reaching key resistance levels, the coin showed strong selling activity.
We’re now looking for another short opportunity on a retest of the high-volume anomaly zone at $51–$53 — provided there's a reaction within that zone.
Our target remains the same: the POC of the previous consolidation at $42.
This publication is not financial advice.
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Unlock your potential in trading
Related publications
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.