VFYUSDT.P: short setup from daily support at 0.08772

Below it, there are no support levels that could slow the decline, so the fall could be very sharp.
Today, there was a good test of the level: the price came right up to it, consolidated on low volatility, confirming it cleanly, and then made a weak pullback.
This weak pullback signals an absence of buyers who might "save" the asset, which is why there could be a good short opportunity here.
Key factors for this scenario
- Global & local trend
- Price void / low liquidity zone beyond level
- Asset decoupled from the market (relative strength/weakness vs. BTC)
- Volatility contraction on approach
- Immediate retest
- Prolonged consolidation
- No reaction after a false break
Ghi chú
Since the analysis was published, VFYUSDT.P has not approached the key level.Instead, the asset continues to be in a narrow consolidation, practically standing still.
I have set an alert and continue to wait for the situation to develop.
Đã hủy lệnh
There was no entry point, and the asset subsequently rose sharply.Ghi chú
I canceled the scenario prematurely. Although the asset pulled back far from the level, it didn't break the key invalidation point, which for me was the upper channel boundary.
Only a breakout of the upper channel boundary should have been the signal for a new analysis.
I admit my mistake.
Currently, the asset is returning to the level, and the initial idea might still play out. I'm continuing to wait.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
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Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.