DecyX
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$TAO Short Setup with Potential Reversal
Market Structure: Bearish trend, price breaking previous lows.
Key Levels:
• PDH (Previous Day High): $275 (Potential retracement point)
• PDL (Previous Day Low): Just broken, confirming bearish continuation.
• Discount Zone: Price has reached a discount area.
Setup:
• Short Entry: Around $250–$260 (if price retraces)
• Stop Loss: Above $275
• Take Profit 1: $210 (previous weak low)
• Take Profit 2: $200 (psychological level)
• Alternative Long Entry: If price shows bullish rejection in the discount zone, potential scalp long to PDH
#BBVABitcoinGreenlight #WhaleAccumulation #StablecoinGoldRush #MarketPullback
Market Structure: Bearish trend, price breaking previous lows.
Key Levels:
• PDH (Previous Day High): $275 (Potential retracement point)
• PDL (Previous Day Low): Just broken, confirming bearish continuation.
• Discount Zone: Price has reached a discount area.
Setup:
• Short Entry: Around $250–$260 (if price retraces)
• Stop Loss: Above $275
• Take Profit 1: $210 (previous weak low)
• Take Profit 2: $200 (psychological level)
• Alternative Long Entry: If price shows bullish rejection in the discount zone, potential scalp long to PDH
#BBVABitcoinGreenlight #WhaleAccumulation #StablecoinGoldRush #MarketPullback
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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