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【$ELSA Signal】Short | Volume Breakout Downward
$ELSA is experiencing a volume breakout downward, with a daily decline of over 20%. Combined with high open interest, this presents a typical scenario of long liquidation / main force distribution.
🎯 Direction: Short (Short)
🎯 Entry: 0.118 - 0.122
🛑 Stop Loss: 0.128 (Rigid Stop Loss)
🚀 Target 1: 0.105
🚀 Target 2: 0.095
$ELSA Price drops sharply with massive volume, indicating market logic points to long liquidation or main force distribution. The price collapse under high open interest shows that bears are fully dominating the market, with heavy selling pressure and weak buying support. There is no obvious support below the current price, and downward momentum has not yet been fully released. Trading short in this trend is the path of least resistance.
Trade 👇 $ELSA
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