MachiavelliTrader

TOMO SHORT SETUP EDGE is READY

Short


πŸ“ˆAre we late for TOMO Short?
πŸ“ˆ FREE MT TRADE SIGNAL πŸ“ˆ

πŸ‘‰ ASSET: TOMO (TOMO/USDT)
πŸ‘‰ ACTION: SHORT
πŸ‘‰ 1st ENTRY PRICE: $0.6960
2nd ENTRY PRICE: 0.675
πŸ‘‰ STOP LOSS: $0.7289
πŸ‘‰ 1st TAKE PROFIT: $0.587
2nd TAKE PROFIT: $0.52


πŸ“Š CHART ANALYSIS: #TOMO is facing resistance at the 0.726 price range, marked by a double top price reaction. Additionally, yesterday's bearish engulfing close on the 1-day chart suggests a bearish sentiment. These indicators, coupled with a low 3 short opportunity, present a good chance of shorting
For those who missed the first entry, it is advisable to split the entry into two, and to set a stop loss at 0.6922 if you are late and using second entry It is important to remember that setting a stop loss is crucial.


πŸ’° RISK MANAGEMENT: We recommend a stop loss of $0.7289 to limit potential losses in case the trade goes against us as ranges are unpredictable. We also suggest taking profits of like 60% at $0.587 to lock in gains. before hitting TA at $0.52 incase the bears get weak on reaction to the box Support



🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.


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