đ» $VIRTUAL /USDT â Short Trade Setup After Bull Trap Breakdown! đš
đ Market Structure:
$VIRTUAL surged near $1.68 but failed to hold the highsâshowing signs of distribution. Lower highs and rejection wicks signal potential downside.
đ Trade Setup:
Entry Zone: $1.63 â $1.65
đŻ TP1: $1.57
đŻ TP2: $1.49
đŻ TP3: $1.42
đ Stop Loss: Above $1.685
â ïž Why This Short Looks Promising:
Price is consolidating after a steep rise with clear bearish divergence on volume. Weak bounces suggest buyers are losing steam.
đĄ Pro Tip:
Best entries come on minor fakeouts above $1.64âwatch closely for rejection before entry.
Play it tight and trail your SL as price dropsâmomentum may accelerate quickly below $1.57!
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