Short – $INX Perp (15m / 1h timeframe)
· Entry: 0.014550 – 0.014600 (current zone)
· Stop Loss: 0.014800 (above MA7 & recent pivot)
· Take Profit 1: 0.013900
· Take Profit 2: 0.013250 (next support)
Reasoning:
· Price below MA7 (0.014754) and falling.
· Consecutive red candles on 15m/1h with lower highs.
· Volume below MA5 (284M vs 530M) – weak buying interest.
· Today’s performance -4.88%, momentum bearish short-term.
Risk warning: Higher timeframe (4H/1D) still bullish, so this is a scalp/short-term trade. Stick to stop loss.