$STMX/USDT 1D (#Bybit) Ascending wedge breakdown and retest

StormX got rejected on 200EMA resistance then printed an evening star, bearish continuation is in play after a pull-back to 200MA.

⚡️⚡️ #STMX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.7X)
Amount: 4.9%

Current Price:
0.005235

Entry Targets:
1) 0.005575

Take-Profit Targets:
1) 0.004305

Stop Targets:
1) 0.006420

Published By: @TradingOn

$STMX #STMXUSDT #StormX #DeFi

Risk/Reward= 1:1.5
Expected Profit= +61.5%
Possible Loss= -40.9%

stormx.io/

Trade closed: stop reached:

$STMX got stop hunted badly, bearish bias was on point though!