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$BILL
Open SHORT BILLUSDT order 🚨
Entry: 0.0930 - 0.0940
Leverage: 10-20x (depending on risk tolerance)
Short reason:
• After a strong pump from ~0.05 to the peak of 0.237 (nearly 4.7x), the price created a strong reversal candle and broke below the MA line.
• Currently, there is a deep pullback, losing almost all of the recent increase.
• Volume is still high but the selling force is dominating in the 1D frame.
• The price is below all important MAs (MA5, MA10 have cut down).
Take profit:
• TP1: 0.082 - 0.080 (beautiful R:R)
• TP2: 0.072 - 0.068
• TP3: 0.055 - 0.05 (extend)
Stop Loss: 0.0985 - 0.100 (on the nearest local high)
Risk Management: Only risk up to 1-2% of capital on this trade.
BILL is in the distribution phase after a strong pump, the probability of continuing to decrease is high.
Anyone who is holding BILL for a long time should consider taking profit or hedging with short spot/futures.

Zastrzeżenie: Treść na OKX Orbiter ma charakter wyłącznie informacyjny. Dowiedz się więcej
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