Absci Corporation
Short

ABSI Short Trade Setup (30-Min Chart) !

### πŸ”» **πŸ“‰πŸ”₯**
πŸ” **Stock:** ABSI (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
πŸ“‰ **Setup Type:** Bearish Breakdown

### πŸ“ **Trade Plan:**
βœ… **Entry Zone:** **$3.70 - $3.69** (Breakdown from Descending Triangle)
πŸš€ **Take Profit 1 (TP1):** **$3.48** (Key Support)
πŸš€ **Take Profit 2 (TP2):** **$3.26+** (Extended Target if selling pressure continues)
πŸ”» **Stop-Loss (SL):** **$3.92** (Above resistance for risk control)
πŸ“Š **Risk-Reward Ratio:** Favorable for a bearish continuation πŸ“‰πŸ“ˆ

---

### πŸ”Ή **Technical Analysis & Setup:**
βœ… **Pattern:** **Descending Triangle Breakdown** πŸ“‰
βœ… **Resistance Zone:** Strong seller presence around **$3.70 - $3.69 (Yellow Zone)**
βœ… **Breakdown Confirmation Needed:** Price should drop below $3.69 with strong volume
βœ… **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation**

---

### πŸ”₯ **Trade Strategy & Refinements:**
πŸ“Š **Volume Confirmation:** Look for **increased selling volume** below $3.69 πŸ“‰
πŸ“‰ **Trailing Stop Strategy:** Once price reaches **TP1 ($3.48), adjust SL lower** to secure profits
πŸ’° **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($3.26+)**
⚠️ **Watch for Fake Breakdowns:** If price **rises above $3.70**, reconsider the setup

---

### πŸš€ **Final Thoughts:**
βœ… **Bearish Breakdown Expected – High probability of continuation lower** πŸ“‰
βœ… **Strong Resistance at $3.70 – Ideal short entry for risk-reward optimization** πŸ’°
βœ… **Momentum Shift Possible – A drop below $3.48 could drive ABSI to $3.26+** πŸš€
πŸ“Š **Trade Smart & Stick to Your Plan!** πŸ†πŸ”₯

Would you like any refinements or additional insights? πŸš€πŸ“‰

---

### πŸ”— **Hashtags for Engagement:**
#ShortTrade #StockTrading #ABSI #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess

Disclaimer