$NFP /USDT Short Trade Opportunity š„
Current Price: $0.1276
Trade Setup Details:
Entry Zone: $0.1260 - $0.1290
Stop Loss: $0.1340
Profit Targets:
TP1: $0.1220
TP2: $0.1180
TP3: $0.1140
Market Analysis:
$NFP is encountering significant resistance within the range of $0.1290 - $0.1320, showing clear signs of rejection from this zone. Bearish momentum is strengthening as sellers step in at critical price levels. Should $NFP break below the $0.1260 mark, we could see a further decline in price.
Trade Strategy:
To confirm this short setup, itās essential to wait for a decisive move below $0.1260. A retest of this level followed by rejection will provide confirmation for entering the position. Make sure to follow proper risk management practices, including using appropriate position sizing and sticking to stop-loss levels.
Risk Management Advice: Always safeguard your capital by implementing stop-loss strategies and adjusting your trade size accordingly.
Happy trading and remember to keep your risk levels in check while executing this strategy!