$XNY $XNY 🚨 SHORT SETUP… because every little bounce has people yelling “bottom is in!” 😂📉
The
$XNY is attempting to recover but has come head-to-head with a resistance zone that is seller dominated. The bears are watching like hawks waiting to say, “Told you so.”
In the event of this rejection, here's the configuration:
💰 Short Entry: $0.00634 – $0.00638
🎯 TP1: $0.00625
🎯 TP2: $0.00610
🎯 TP3: $0.00590
🛑 Stop Loss: $0.00662
The concept is quite straightforward: When buyers lose momentum at resistance, the downtrend may extend further.
If it does break through, however, then each bear will get the surprise of finally having “confirmation.” 🤣
Trade the chart, do not the emotions. DYOR. 🐻📉
$DEXE $EUL #xny