Serum (SRM) Sell Zone

24 Mar 2022

Serum (SRM) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish

Risk : High

Now that $3 is acting as mid-term resistance zone and our current market structure has become neutral in mid-term, we can expect a short-term correction.
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SSRM/USDT SHORT SETUP
Leverage : x3 - x5

Entry Price : 2.89 - 3.05

TP 1 : 2.79
TP 2 : 2.7
TP 3 : 2.55
TP 4 : 2.4
TP 5 : 2.29
TP 6 : 2.17
TP 7 : 2.04
TP 8 : 1.89

Stop Loss : 3.23

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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