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【$ELSA Signal】Short | Volume Break Downward
$ELSA Is experiencing a volume break downward, with a daily decline of over 15%. Combined with high open interest, this indicates strong selling pressure or liquidation pressure in the market.
🎯 Direction: Short (Short)
🎯 Entry: 0.148 - 0.152 range
🛑 Stop Loss: 0.162 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.135
🚀 Target 2: 0.120
$ELSA Price drops with massive volume, and market logic suggests paying attention to whether it is a liquidation of longs or a main force distribution. Current price action shows selling dominance with no clear signs of buy absorption. Price declines under high open interest usually indicate a strong trend continuation until clear signs of a trend reversal or a significant decrease in open interest appear.
Trade here 👇 $ELSA
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