$S USDT BEARISH SHORT SETUP
Switchboard has entered a strong corrective phase after sharp rejection from upper resistance levels. The price breakdown from the mid-range support and persistent selling volume suggest continuation of the downward move as market sentiment weakens further.
Entry (Short): Below 0.100
Targets (TP): 0.085 / 0.075 / 0.065
Stop Loss (SL): 0.135
Technical Outlook:
The 4H chart confirms bearish control with price trading below key moving averages. RSI remains below the neutral zone, indicating persistent downside pressure, while MACD stays in negative territory, reinforcing momentum for a continued decline.
Risk Management:
Risk only 2–3% of total capital. Take partial profits at each target and trail stop loss to entry after the first target to safeguard gains and minimize exposure.
#CryptoAnalysis #BearishSetup #AltcoinTrading #TechnicalBreakdown #SWITCHBOARDUSDT
