$BOB /USDT BEARISH PRESSURE BUILDING – BUYERS LOSING MOMENTUM!
$BOB is showing signs of weakening after failing to sustain above recent resistance levels. Price is hovering near support with lower highs forming on the chart, indicating selling pressure. Indicators like RSI are flattening, and MACD is approaching a bearish crossover, suggesting momentum is shifting in favor of the bears. If the price breaks below the immediate support, a further decline could follow.
🔹 Trade Setup (Short Entry):
Entry Zone: 0.XXX (Enter below key support)
Targets (TP):
TP1: 0.XXX
TP2: 0.XXX
TP3: 0.XXX
Stop Loss (SL): 0.XXX (Above recent resistance)
🔹 Alternate Trade Setup (Long Entry – Only on Breakout):
Entry Zone: Above 0.XXX resistance
Targets (TP):
TP1: 0.XXX
TP2: 0.XXX
Stop Loss (SL): 0.XXX
📉 Market Outlook:
Market sentiment for $BOB remains cautious as bears are gaining strength. A breakdown below support could accelerate selling, while a strong breakout above resistance with volume would invalidate the bearish setup. Until then, traders should remain patient and follow key levels.
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