$4 - The bounce quickly loses strength

Trading plan Short $4 (max 10x)

Entry: 0.0144 – 0.0149

SL: 0.0160

TP1: 0.0126

TP2: 0.0107

TP3: 0.0088

The bounce managed to rise above, but the movement begins to fade in this zone. Buyers have tried to keep pushing, although further progress is weakening, and the structure is becoming more wave-like. Instead of continuing to rise, the price begins to stagnate at the resistance level, and when momentum cools down like this, it often leads to a correction as sellers re-enter the game.

Trade $4 here 👇

4

Alpha

0.01559

+2.00%