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๐จ ๐ฆ๐๐ข๐ฅ๐ง ๐๐น๐ฒ๐ฟ๐ ๐ผ๐ป $๐๐ฉ๐๐ข
Trend shows intense bearish momentum as price remains locked in a steep downtrend well below the descending EMA cluster. Full breakdown below ๐งต๐
๐ Direction: SHORT | Asset: AVGO/USDT
๐ฏ Entry: 420.0 โ 427.0 (on failure to reclaim EMA9)
๐ SL: Above 450.0 structure
๐ฐ TP1: 405.0
๐ฐ TP2: 390.0
โ๏ธ R/R: Approx. 2.4R
๐ Score: 86/100
โ๐ The_Pro Breakdown
HTF POI: 427.4 (EMA9), 446.5 (EMA21), and 477.1 (EMA99) serving as aggressive overhead resistance zones.
LTF Confirm: Price is trading at 419.1, significantly below all monitored EMAs. MACD confirms strong bearish trend with DIF (-21.0) below the DEA (-18.6), while RSI (24.39) indicates the asset is deeply oversold, signaling potential for further downside exhaustion.
Entry Zone: 420.0 โ 427.0 range, looking for a rejection at the EMA9 to continue the current downward trajectory.
Target Liquidity: Initial retest of the recent 405.2 low, with potential for further extension if selling pressure persists.
โ๐ง Let the chart speak
โโ ๏ธ DISCLAIMER: Market structure analysis onlyโnot financial advice or a signal. Setups are time-sensitive and may become invalid within 1 hour due to rapid price movement.
$AVGO

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