📉
$FF Bearish Rejection at Key Resistance
📊 Market Context & Thesis:
Price encountered strong overhead rejection at the 50 EMA on the 1-hour chart, fully aligning with the broader 4-hour downtrend. The inability to reclaim higher levels signals persistent distribution by sellers.
• Funding: -0.0057% (Neutral) • Next: 1h 53m
• Open Interest (OI): $35.13M
• 24h Volume: $4.25M
• 24h Range: 0.10167 — 0.10684 (-0.0%)
🎯 Entry: 0.10421
🛑 Stop-Loss: 0.10645 (-2.15%)
✅ Take-Profit: 0.09973 (+4.30%)
⚖️ Risk/Reward: 1:2.0
🚫 Invalidation Rule: If a 1-hour candle closes above $0.10645 (+2.15%), this bearish thesis is invalidated. Cut position immediately.
⚖️ Risk Note: Moderate leverage recommended (3x–5x on Futures). Never risk more than 1–2% of total portfolio capital on a single setup.
📈 Strategy Track Record: WR 63% over 474 trades
#FF #Altcoins #TechnicalAnalysis #BinanceSquare
⚠️ Not financial advice. Always manage your risk.