#MyCOSTrade #SaylorBTCPurchase #TrumpTariffs $OP
📈 Intraday Trading Signal (Short Setup)
🔹 Trade Type: Short (Sell)
🔹 Entry Point:
Aggressive Entry: Market entry around $0.592 (current price)
Conservative Entry: Wait for a slight pullback to $0.610 – $0.615 (retest of breakdown)
🔹 Stop-Loss:
Place SL above resistance at $0.635 (above failed support area)
SL Buffer Zone: +1.5% → Stop-loss at: $0.642
🔹 Take-Profit Targets:
TP1: $0.560 – minor support area (approx. 5.5% drop)
TP2: $0.520 – stronger previous demand zone (approx. 12% drop)
🔹 Risk/Reward Ratios:
TP1: R:R ≈ 1.8:1
TP2: R:R ≈ 3.3:1
🛡️ Trade Management Tips
Consider scaling out: Exit half at TP1 and let the rest ride to TP2.
Adjust SL to breakeven once TP1 is hit.
Be aware of macro events/news that may trigger short squeezes.
🚨 Bullish Reversal Condition
If price closes above $0.645 on strong volume, it invalidates the bearish setup and suggests a possible reversal. Avoid shorting above this level.
🎁BP0S6V1045