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【$ELSA Signal】Short + Volume Breakout
$ELSA is experiencing a volume surge and a sharp decline, with a daily drop of over 35%. Combined with open interest data, this is a typical distribution pattern by the main players.
🎯 Direction: Short (Short)
🎯 Entry: 0.155 - 0.160
🛑 Stop Loss: 0.170 (Rigid Stop Loss)
🚀 Target 1: 0.140
🚀 Target 2: 0.120
$ELSA Price action shows a resistance-free decline, with massive volume accompanying a price collapse. Market sentiment has shifted to panic selling. Currently, there is no effective buying absorption at this level, and every rebound presents a new shorting opportunity. The market structure has been broken, and the downward momentum will continue.
Trade 👇 $ELSA
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