📉 TNSR Short Setup in Focus 🔻
Trading Plan:
Bias: Short
Entry: 0.1070 - 0.1100
SL: 0.1165
TP1–TP3: 0.1000 / 0.0950 / 0.0910
Technical Analysis:
The asset is in a clear bearish trend on the 4-hour timeframe, consistently printing lower highs and lower lows after a significant price decline. The price is currently trading below the key Exponential Moving Averages (EMA 7, 25, and 99), which are acting as dynamic resistance. Bearish momentum is further confirmed by the RSI trading below the 50 level and the MACD showing a bearish cross below the zero line. The setup anticipates a rejection from the resistance zone defined by the EMAs or a continuation of the downward trend. A sustained break below the recent low of 0.10374 would serve as a confirmation signal for further downside.
Invalidation:
Only a break and close above the resistance level of 0.1165 would invalidate this bearish setup.
