$FUN #fun #SHORT📉
Short Position Strategy:*
1. *Identify the Trend:* The chart shows a sharp increase in price, followed by a slight correction. This could be a sign of a potential reversal.
2. *Set Entry Point:* Consider entering a short position when the price breaks below the support level of 0.010771.
3. *Set Stop-Loss:* Place a stop-loss order above the recent high of 0.014400 to limit potential losses.
4. *Set Take-Profit:* Set a take-profit target at the next support level, which appears to be around 0.008764.
5. *Monitor and Adjust:* Keep an eye on the market and adjust your strategy as needed. If the price continues to rise, consider closing your short position to limit losses.
#MarketPullback #IsraelIranConflict #ScalpingStrategy $SOL $BNB