PYTH SHORT SET UP (version 2)

26 Tem

🔍 Current Context:
Price is trading around $0.13007, just above a major reclaimed support demand zone ($0.126–$0.120).

4H Stochastic RSI is entering the overbought zone (high-risk for new longs).

Price has bounced off a local Fib level + trendline cluster.

Volume delta favors buys, but candles show hesitation near EMA zone.

✅ Most Probable Trade Setup: Bearish Reversal Sniper (Short Bias)
Reason: Price has rallied back into a key resistance zone + 4H EMA cloud, and Stochastic RSI is in overbought. Momentum is stalling under $0.1325. Unless bulls reclaim above $0.1345–$0.1355 cleanly, a rejection and pullback is highly probable.

🧨 Entry (Short):
Entry Range: $0.1320 – $0.1335 (as close to EMA ribbon & resistance cluster as possible)

🎯 Take Profit (TP1 Range):
TP1 Range: $0.1235 – $0.1215 → retest of reclaimed support

TP2 (optional): $0.1170 zone (deeper liquidity pocket)

🛡️ Stop Loss (SL):
Hard SL: Above $0.1358

OR above 4H swing high at $0.1370, if allowing some buffer

📉 Risk-to-Reward:
R: 0.0038

R:R ≈ 2.5–3.5 depending on exit zone

🕰️ Estimated Trade Duration:
TP1 zone hit could take 6–12 hours, based on 4H cycles

TP2 hit in 12–24 hours if momentum holds down

🔁 Invalidation:
Clean break and 4H candle close above $0.1358, invalidates short setup

In that case, wait for pullback to long above $0.136 if strength persists

🚨 Summary:
Most Probable Setup = Short

Reason: EMA rejection + Stoch RSI overbought + weak candle momentum

Action: Enter $0.1320–$0.1335 | SL above $0.1358 | TP1 $0.1235–$0.1215

28 Tem

İşlem kapandı: durdurma seviyesi

29 Tem

Not

Stpped out before hitting TP 1