$LISTA USDT BEARISH BREAKDOWN: LOWER BOLLINGER BAND BROKEN
Short Trade Signal
The 15-minute chart for $LISTA USDT is showing a clear bearish momentum. The price has decisively broken below the lower Bollinger Band (BOLL DN: 0.4404) and is currently at 0.4483 after a strong red candle. The Mark Price also confirms the current price is $0.4483. This breakdown below the Bollinger Band suggests strong selling pressure and a likely continuation of the downtrend.
Trade Setup:
• Short Entry: Below the current market price, targeting $0.4450 or below. A tight entry could be around $0.4480 or a break of the previous swing low not visible on this exact zoom.
• TP1 (Target 1): $0.4350 (Psychological support/potential extension target)
• TP2 (Target 2): $0.4280 (As indicated by the visible low point on the chart)
• SL (Stop Loss): Above the lower Bollinger Band and resistance from the previous candle's close, around $0.4564 (Using the BOLL MB level as conservative stop)
Short Outlook of Market:
The immediate short-term outlook is strongly bearish. The Bollinger Bands are widening after a downside breakout, which typically indicates increasing volatility and continuation of the current trend (down). With a daily change of -11.28%, the selling pressure is significant. The market is positioned for a further move down toward lower support levels as traders attempt to short the breakdown.