$ELSA Signal】Short + Volume Breakout



$ELSA is experiencing a volume surge and a sharp decline, with a daily drop of over 18%. Combined with high open interest, it shows typical features of long liquidation panic and main force distribution.

🎯 Direction: Short (Short)

🎯 Entry: 0.149 - 0.152

🛑 Stop Loss: 0.160 (Rigid Stop Loss)

🚀 Target 1: 0.135

🚀 Target 2: 0.120

$ELSA Price action indicates strong unilateral selling pressure. An 18% decline accompanied by 92 million in volume is a clear signal of trend acceleration. High open interest (OI) did not significantly decrease during the price plunge, implying that long positions are being passively liquidated rather than actively closed. There is no effective buy support on the order book; every rebound is quickly absorbed, and the market structure has shifted to bearish. The current price is the best point for trend-following shorts.

Trade 👇 $ELSA

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ELSA-14,66%
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