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【$ELSA Signal】Short | Volume Breakout Downward
$ELSA is experiencing a volume surge and a crash, with a daily decline of over 24%. Combined with high open interest, this is a typical scenario of long liquidation stampede and main force distribution resonance.
🎯 Direction: Short (Short)
🎯 Entry: 0.155 - 0.160
🛑 Stop Loss: 0.170 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.140
🚀 Target 2: 0.120
$ELSA Price action indicates a resistance-free decline, with massive volume and high open interest confirming persistent selling pressure. Market logic points to systematic clearing of long leverage rather than a healthy correction. Until a clear bottom absorption structure or volume contraction appears, trading with the trend is the only way.
Trade here 👇 $ELSA
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