SHORT #MELANIA USDT from $3.989 stop loss $4.033
5m TF. The coin has formed a descending triangle pattern, compressing the price highs along the trend line to a clear support level, behind which I expect to see a cluster of buy stop orders. The level has been tested by impulsive bearish candles, which may indicate active sellers in the instrument.
I consider a smooth approach to the level, the emergence of volumes and activity in the order book before the breakout.
1TP — 3.949
2TP — 3.903
3TP — 3.857
Open the trade 👇