$FIO Short Trade Alert!
$FIO surged to $0.02083 but faced strong selling pressure, resulting in a sharp rejection. The 15-minute chart shows selling, indicating a potential shift in momentum.
*Key Price Levels:*
- *24H High/Low:* $0.02083 - $0.01561
- *Entry Zone:* $0.01930- $0.01960 (for short trade)
- *Targets:*
1. *TP1:* $0.01900
2. *TP2:* $0.01840
3. *TP3:* $0.01750
- *Stop Loss:* $0.01999
*Market Analysis:*
- *Momentum Shift:* Breakdown below $0.01930 could trigger further downside.
- *Sell Pressure:* Increasing sell volume could confirm the short trade opportunity.
*Trading Strategy:*
- *Short Trade:* Consider entering a short trade in the entry zone, with targets at $0.01900, $0.01840, and $0.01750.
- *Risk Management:* Set stop loss at $0.01999 to limit potential losses.
By understanding these key levels and market insights, traders can make informed decisions
about shorting $FIO . Don't wait, trade smart!
