$NOT
๐ Strategy: Short Position (Potential Downward Trend)
๐ Sell Zone:
Entry: 0.006480 - 0.006467 (๐ Below short-term moving averages)
๐ฏ Take Profit (TP):
TP1: 0.006276 (๐ Strong support level)TP2: 0.006200 (๐ป Extended downward target)
๐ Stop Loss (SL):
SL: 0.006537 (๐ Key resistance level, above it would signal reversal)
๐ก Risk/Reward Ratio
โ ๏ธ Risk: 0.000070 (๐ป Entry to SL)๐ฐ Reward (TP1): 0.000192 (๐ Significant downside)๐ต Reward (TP2): 0.000268 (๐ฏ Higher profit potential)
๐ Indicators to Watch
๐ RSI (Relative Strength Index):
๐ Look for oversold conditions (<30) for possible upward correction.
๐ฅ MACD (Moving Average Convergence Divergence):
๐ข A bullish crossover above 0.006468 would signal potential reversal.
๐ Volume Trends:
๐ผ Increased volume near 0.006467 would confirm bearish momentum.
๐จ Recommendations
๐ Watch for entry near 0.006467 - 0.006480.๐ช Hold below 0.006276 for further bearish movement.๐จ Exit/Stop-loss if price rises above 0.006537.