$NEO /USDT BEARISH MOVE:
short trade signal ๐ฅ
Future traders alert โ ๏ธ
Key Levels:
- Resistance: $15.30
- Support: $14.50
- Current Price: $15.02
Trade Setup:
- Entry: Short at $15.02
- Take Profit (TP):
- TP1: $14.50
- TP2: $14.00
- Stop Loss (SL): $15.30
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust according to your risk tolerance, typically 1-2% of your trading capital.
Summary:
We are looking to short $NEO/USDT due to the recent rejection at the resistance level of $15.30. The price is expected to move down towards the support level of $14.50, with a potential further drop to $14.00. This setup offers a favorable risk/reward ratio, making it an attractive trade opportunity. ๐๐ธ
Happy Trading! ๐๐ธ
Hope this captures what you had in mind! If you need any further adjustments or have other requests, feel free to ask ๐