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【$ELSA Signal】Shorting + Volume Breakout
$ELSA is experiencing a volume breakout, with a daily decline of over 20%. Combined with high open interest, this presents a typical long liquidation/major player distribution pattern.
🎯 Direction: Short (Short)
🎯 Entry: 0.1550 - 0.1600
🛑 Stop Loss: 0.1700 ( Rigid stop loss, structure invalidated if broken)
🚀 Target 1: 0.1350
🚀 Target 2: 0.1150
$ELSA Price drops sharply with massive volume, indicating market logic points to long liquidation or major player offloading. Such vertical declines under high trading volume usually mean short-term buying has been fully absorbed, with no effective support below. Price action shows strong selling pressure dominance, weak rebound, and following the market's least resistant path to short.
Trade 👇 $ELSA
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