đ $1000FLOKI USDT 1H | My Short Setup
FLOKI is looking weak on the 1H chart. The sell volume just picked up, price is sitting below the key moving averages, and momentum is still bearish.
RSI is around 32, while Stochastic is already below 17. That means sellers are in control, but Iâm also watching closely for a relief bounce because the market is getting oversold.
đŻ My Setup
đŽ Short Entry: 0.02102
đŻ TP: 0.02050
đ SL: 0.02145
đ R:R: 1:1.2
Iâll be watching 0.02087 first. If this support breaks with volume, the move toward 0.02050 becomes more interesting.
For me, 0.02145 is the invalidation level. If price closes above it, Iâm out. No stubborn trades.
â ïž Iâm keeping the risk small here, around 0.5â1%. Oversold doesnât automatically mean reversal, but chasing a short too aggressively is also risky.
Letâs see whether FLOKI sellers can push it toward the next support. đ
#flok I #1000FLOKI #cryptotrading #futures #scalping
FLOKI is looking weak on the 1H chart. The sell volume just picked up, price is sitting below the key moving averages, and momentum is still bearish.
RSI is around 32, while Stochastic is already below 17. That means sellers are in control, but Iâm also watching closely for a relief bounce because the market is getting oversold.
đŻ My Setup
đŽ Short Entry: 0.02102
đŻ TP: 0.02050
đ SL: 0.02145
đ R:R: 1:1.2
Iâll be watching 0.02087 first. If this support breaks with volume, the move toward 0.02050 becomes more interesting.
For me, 0.02145 is the invalidation level. If price closes above it, Iâm out. No stubborn trades.
â ïž Iâm keeping the risk small here, around 0.5â1%. Oversold doesnât automatically mean reversal, but chasing a short too aggressively is also risky.
Letâs see whether FLOKI sellers can push it toward the next support. đ
#flok I #1000FLOKI #cryptotrading #futures #scalping
