$FIRO Bearish Momentum Should Carry on Bers in power ๐ฉธ Short Setup !
* Bearish Momentum: $FIRO is currently trading at $2.029, exhibiting strong bearish momentum on the 15-minute chart. ๐
* Lower Highs: The price is forming lower highs, indicating a potential downtrend. ๐
* Consistent Sell Pressure: Sellers are actively pushing the price lower. ๐
Trade Setup:
* Entry: Short at $2.025 ๐
* Stop Loss: $2.110 (risk management is key!) ๐
* Take Profit Targets:
* TP1: $1.980
* TP2: $1.950
* TP3: $1.890
Key Analysis:
* Break of $2.000: A break below this level could accelerate selling pressure. ๐
* Volume and Price Action: Monitor these factors near the entry point for confirmation. ๐
Pro Tip:
* Position Sizing: Use proper position sizing to manage risk effectively. โ ๏ธ
* Avoid Over-Leveraging: Protect your capital by avoiding excessive leverage. ๐ซ