๐ข $NEIRO / USDT | ๐ด SHORT | โญ 72%
๐ฏ Target: 8.259e-05. Will it get there?
๐ฏ Trading levels:
๐ด Entry: $0.00008413
๐ Stop Loss: $0.00008498
๐ TP1: $0.00008259
๐ TP2: $0.00008174
๐ TP3: $0.00008071
๐ Analysis:
The market structure shows a consolidated downtrend on higher timeframes, confirmed by patterns of lower highs and breaks of structure. The current move shows a significant increase in trading volume, suggesting greater participation from sellers in the market. This technical setup aims to capitalize on the prevailing bearish pressure and continue in the established direction.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
๐ญ A pattern of lower highs occurs when the price fails to exceed its previous peak, which usually indicates that buyers are losing strength.
#crypto #NEIRO #trading #Bearish
๐ก This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
๐ฏ Target: 8.259e-05. Will it get there?
๐ฏ Trading levels:
๐ด Entry: $0.00008413
๐ Stop Loss: $0.00008498
๐ TP1: $0.00008259
๐ TP2: $0.00008174
๐ TP3: $0.00008071
๐ Analysis:
The market structure shows a consolidated downtrend on higher timeframes, confirmed by patterns of lower highs and breaks of structure. The current move shows a significant increase in trading volume, suggesting greater participation from sellers in the market. This technical setup aims to capitalize on the prevailing bearish pressure and continue in the established direction.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
๐ญ A pattern of lower highs occurs when the price fails to exceed its previous peak, which usually indicates that buyers are losing strength.
#crypto #NEIRO #trading #Bearish
๐ก This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.