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【$ELSA Signal】Short + Volume Breakout
$ELSA is experiencing a volume-driven decline, with a daily drop of over 17%. Combined with open interest data, this suggests more of a main force distribution rather than a simple long liquidation.
🎯 Direction: Short (Short)
🎯 Entry: 0.128 - 0.132
🛑 Stop Loss: 0.140 (Rigid Stop Loss)
🚀 Target 1: 0.115
🚀 Target 2: 0.100
$ELSA Price action shows a decline with no resistance, accompanied by high trading volume, which is a strong bearish signal. Market sentiment has shifted from hesitation to selling, and current prices have not seen effective buying absorption. After breaking below key support, the price accelerates downward, with no clear demand zone below, and the bearish trend inertia will continue.
Trade here 👇 $ELSA
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