That $NAORIS short setup played out perfectly.
Big congrats to everyone who caught this move with me.
If you missed it, no stress—just stick around for the next opportunity.
Post
509 JonyDong
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Bearish$NAORIS shows strength to draw buyers, yet insufficient to retain them.
$NAORIS - SHORT
Trade Plan:
Entry: 0.06565 – 0.06709
SL: 0.07071
TP1: 0.06203
TP2: 0.06059
TP3: 0.05770
Why this setup?
Price has returned to the 0.06565 – 0.06709 zone near 0.06637, keeping the 4H SHORT setup active. The 1D backdrop stays bullish, while the 15m RSI at 55 indicates neutral momentum, allowing downside to develop. 15m volume of 2.30M versus a 2.28M 1H baseline (1.01x) shows decent participation for the fade to continue.
Debate:
Will this zone initiate the move, or extinguish it before TP1 is reached?
Click bellow for trade 👇
$NAORIS - SHORT
Trade Plan:
Entry: 0.06565 – 0.06709
SL: 0.07071
TP1: 0.06203
TP2: 0.06059
TP3: 0.05770
Why this setup?
Price has returned to the 0.06565 – 0.06709 zone near 0.06637, keeping the 4H SHORT setup active. The 1D backdrop stays bullish, while the 15m RSI at 55 indicates neutral momentum, allowing downside to develop. 15m volume of 2.30M versus a 2.28M 1H baseline (1.01x) shows decent participation for the fade to continue.
Debate:
Will this zone initiate the move, or extinguish it before TP1 is reached?
Click bellow for trade 👇
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