minno91

ILVUSDT | False Breakout

Short
minno91 Updated   
BYBIT:ILVUSDT.P   ILVUSDT Perpetual Contract
🚀 ILVUSDT is presenting a fascinating setup! We just witnessed another false breakout on the 4H timeframe, backed by some solid volume.

Daily Chart
On the daily chart, we’re still in a downtrend. This suggests a potential move down before any significant upward shift.

Weekly Chart
The weekly chart shows a top wick followed by a bearish candle, signaling a likely move down in the near term.

Trade Setup
I'm setting my order at the previous 4H high and waiting for the action. This trade could play out dramatically, so stay tuned for what promises to be an exciting journey!
Comment:
STOP LOSS set at BE
Trade closed manually:
BE trade
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