AUCTION /BUSD is an easy trade

i really don't doubt that auction will hit a +15% the next few days but before that,i think it will revisit the 10$ level

i will open a short position at 10.70 and will look for a single take profit point at 10.11
it's not a huge move so i will use a 3x leverage.

in case it goes sideways i will cut my losses if 4hour candle closes above the descending line around 10.85.
its a really tiny risk,just needs some attention for the candle closing.

cant find tinier risk than that and it is supported both by patterns and indicators

Trade closed: target reached:

i will close the position here.
it went deep enough at 10.24