Signal! 📉

Coin: $VIRTUAL / USDT

Direction: SHORT (Conditional Entry from Order Block) 📉

Current Price: 1.4702 USDT

🎯 Entry Strategy (Tap 4H Order Block & Rejection Candle!):

This is a precise short entry strategy for VIRTUAL:

1. Wait for Tap into Order Block: First, wait for the price to push up and tap into the Order Block zone, which is indicated by the red entry box on the chart between 1.5064 - 1.5227 USDT.

2. Sign of Rejection Candle: Once price has tapped this zone, look for a clear sign of a bearish rejection candle (e.g., a pin bar, bearish engulfing candle, or strong wick rejection) on the 15-minute timeframe to confirm the short entry.

Entry 1.5064 USDT within the order block.

Targets (TPs)

TP1 (1:1 R): 1.4901 🎯 (Profit: ~1.08%)

TP2 (1:2 R): 1.4738 🎯 (Profit: ~2.16%)

TP3 (1:3 R): 1.4575 📈 (Profit: ~3.25%)

Stop Loss (SL):

SL: 1.5227 ⛔️ (Placed above the order block)

Timeframe: 15m ⏱️

Reason: This strategy aims to capitalize on a price rejection from a significant supply (order block) zone, confirmed by a bearish candle. This indicates that sellers are likely to step in and push the price downwards.

DYOR! Not financial advice. Strict adherence to entry conditions is crucial for this type of setup! 🙏

#VIRTUAL VIRTUAL #Crypto #TradingSignal #Short #BinanceSquare #OrderBlock #Rejection #SupplyZone #ConditionalEntry