๐ด $SAHARA | SHORT SETUP
๐ฏ Trading Plan:
Entry: 0.013331 โ 0.013377
TP: 0.013189 - 0.013079 - 0.012913
SL: 0.013574
๐ Technical Analysis:
The 4h candlestick chart clearly shows a bearish trend with high reliability. The RSI on the 15m timeframe is at 33, indicating oversold conditions, but no signs of a reversal have appearedโthis suggests that selling pressure is still dominating the market. Volatility on the 1h (ATR: 0.000217) is low, meaning any breakout from here could have significant strength.
The chosen entry zone at 0.013331โ0.013377 is just before a resistance level, while the path down to TP1 (0.013189) is relatively unobstructed. The R/R structure of this setup favors the trader with a balanced risk-to-reward ratio.
Trade $SAHARA now by clicking the chart below ๐
๐ฏ Trading Plan:
Entry: 0.013331 โ 0.013377
TP: 0.013189 - 0.013079 - 0.012913
SL: 0.013574
๐ Technical Analysis:
The 4h candlestick chart clearly shows a bearish trend with high reliability. The RSI on the 15m timeframe is at 33, indicating oversold conditions, but no signs of a reversal have appearedโthis suggests that selling pressure is still dominating the market. Volatility on the 1h (ATR: 0.000217) is low, meaning any breakout from here could have significant strength.
The chosen entry zone at 0.013331โ0.013377 is just before a resistance level, while the path down to TP1 (0.013189) is relatively unobstructed. The R/R structure of this setup favors the trader with a balanced risk-to-reward ratio.
Trade $SAHARA now by clicking the chart below ๐