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【$ELSA Signal】Short + Volume Breakout
$ELSA is experiencing a sharp decline with high volume, indicating a strong trending downward movement rather than a healthy correction.
🎯 Direction: Short (Short)
🎯 Entry: 0.1260 - 0.1280
🛑 Stop Loss: 0.1320 ( Rigid stop loss, invalidated if daily close breaks below)
🚀 Target 1: 0.1180
🚀 Target 2: 0.1100
$ELSA The daily drop exceeds 25% accompanied by massive volume. Market logic suggests combining this with open interest analysis. The current price action has broken all short-term support levels, showing unresisted decline. The market indicates persistent selling pressure and failed absorption of buy orders, which is a typical trend continuation signal. Until a clear bottom structure or volume-price divergence appears, trading with the trend is the least resistant path.
Trade here 👇 $ELSA
---$ELSA
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