FIL/USDT Shorting the Surge !
2025-01-06
Category: None

This setup presents a strong short opportunity due to several factors. The large green candle signals a sharp, likely overextended price move, which often retraces to fill the gap. Rejection from the resistance level near 6.305, evidenced by the upper wick, indicates selling pressure and bearish sentiment. Coupled with a favorable risk-to-reward ratio, this trade capitalizes on the likelihood of a corrective pullback following the aggressive upward move.