$MOVE /USDT Short Trade Setup!🔥💯
1. Entry: Place a short order at $0.9700 once price confirms rejection from the upper trendline.
2. Stop-Loss (SL): Set stop-loss at $1.0100 to manage risk effectively.
3. Take-Profit (TP):
Partial profit at $0.9200.
Extended gains at $0.8800.
4. Risk-to-Reward Ratio: Aim for a 3:1 reward-to-risk to maximize returns.
5. Confirmation: Wait for a volume increase or a bearish candlestick close near the entry zone for confirmation.
6. Trend Analysis: The price remains within a descending channel, confirming bearish momentum.
7. Indicators: RSI is near overbought, signaling a potential downside reversal that aligns with this setup.
8. Strategy: Trail stop-loss once the price reaches $0.9400 to secure profits early.
9. Avoid: Entering the trade if the price breaks above the descending trendline.
10. Timing: Best executed during high-volume trading hours for faster results.
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