Strategy Suggestion:
Short Position (Higher Probability Right Now):
Reason: RSI is overbought + price is rejecting from MA(99) at $7.95–$8.05
Entry: Around $7.90–$8.05 (after confirmation of rejection or red candle)
Targets:
TP1: $7.30
TP2: $6.60
Stop Loss: Above $8.20