RNDRUSDT likely to head down o 2.54 from 4h resistance

Anyways, I decided to take this short trade. While redrawing the chart I noticed that the 4h resistance was not drawn correctly which explains a bit excessive divergence from the resistance zone earlier. Anyways, I have redrawn that 4h resistance appropriately now. So now the price is heading towards resistance to retest it from below so probability is favoring short here. But entry is a bit conservative so possible it wont get filled. First target is 2.547 but may also extend to 2.51.

Kommentar:

So the trade got triggered with partial position size. Closed half of it on this tap of support zone around 2.56 and will add a bit higher if I see it suitable. Rest of it active for the next target.

Trade geschlossen: Ziel wurde erreicht:

Overnight the price went to 2.54 zone and bounce well from there. Claiming 2.56 was a good long opportunity. Now the price has hit the 4h resistance zone again and facing some difficulty there. However, I feel this time it is going to go through that resistance which opens the way for long trades. I will look for a long setup and post.