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Hxlaw
Hxlaw
$BILL Open SHORT BILLUSDT order 🚨 Entry: 0.0930 - 0.0940 Leverage: 10-20x (depending on risk tolerance) Short reason: • After a strong pump from ~0.05 to the peak of 0.237 (nearly 4.7x), the price created a strong reversal candle and broke below the MA line. • Currently, there is a deep pullback, losing almost all of the recent increase. • Volume is still high but the selling force is dominating in the 1D frame. • The price is below all important MAs (MA5, MA10 have cut down). Take profit: • TP1: 0.082 - 0.080 (beautiful R:R) • TP2: 0.072 - 0.068 • TP3: 0.055 - 0.05 (extend) Stop Loss: 0.0985 - 0.100 (on the nearest local high) Risk Management: Only risk up to 1-2% of capital on this trade. BILL is in the distribution phase after a strong pump, the probability of continuing to decrease is high. Anyone who is holding BILL for a long time should consider taking profit or hedging with short spot/futures.

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