$QUICK /USDT Short Trade Setup
Price: 0.02783
$QUICK has recently shown signs of temporary relief with a 24h gain of +1.57%, tapping a high at 0.02901 before retracing. Despite this bounce, the overall structure remains weak under current DeFi market pressure, signaling a potential shorting opportunity from this level.
Reason for Setup:
Price facing rejection from 0.02900 resistance zone.
Decreasing momentum on lower timeframes.
Volume is not supporting a sustained uptrend.
Macro trend remains bearish below 0.03000.
Short Entry Zone:
0.02780 to 0.02830
Stop Loss:
0.02920 (above the recent high to avoid fakeouts)
Take Profit Targets:
Target 1: 0.02670
Target 2: 0.02550
Target 3: 0.02420
Risk/Reward Ratio (approx.):
3:1 if aiming for T2, and 4.5:1 for T3.
Strategy Notes:
First take profit target is close and conservative, ideal for partial exit.
Move SL to entry after T1 hits to secure capital.
Avoid entries if price breaks above 0.02920 with volume spike.
Ideal timeframe for tracking: 15m and 1h chart for entry refinement.
#DAOBaseAIBinanceTGE #FOMCMeeting #BombieBinanceTGE #MetaplanetBTCPurchase #SaylorBTCPurchase $QUICK