swing short position on fetusd

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swing short position on fetusdArtificial Superintelligence Alliance / US DollarCOINBASE:FETUSDksaini00662I am currently holding a swing short position on fetusd on the persistent bearish momentum. The market has established a clear lower-high, lower-low structure on the daily timeframe, and I am looking to ride this trend toward the next major liquidity zone. Trade Parameters: Entry Price: 0.1740 Target (Take Profit): 0.1400 Timeframe: Daily (1D) Technical Rationale: Trend Identification: The asset remains in a dominant downtrend, consistently failing to reclaim key resistance levels. This setup is a continuation play rather than a reversal attempt. Risk Management: Swing trading requires patience. I am maintaining a strict stop loss to protect capital against any unexpected volatility that might threaten the structural trend. I will monitor the price daily and tighten my stop loss once the trade reaches a favorable profit zone.