$HIGH /USDT BEARISH MOVE EXPECTED – SHORT SETUP IN PLAY

The overall trend for $HIGH /USDT remains bearish, as the price continues to trade below key moving averages with persistent lower highs and lower lows on the daily timeframe. The recent rejection near the$ 0.307 resistance level and failure to hold above the EMA20 confirms ongoing selling pressure.

Momentum indicators such as MACD remain below the signal line, and RSI continues trending under 45, showing weak buyer interest. Price action suggests a continuation of the downtrend if support levels fail to hold.

ENTRY (Short): 0.303 – 0.305

TARGETS (TP):

TP1: 0.295

TP2: 0.289

TP3: 0.280$

STOP LOSS (SL): 0.312

RISK MANAGEMENT:

Use strict position sizing (1–2% of account risk). Adjust SL to breakeven once TP1 is reached. Avoid overleveraging in a weak trend phase.

#CryptoTrading #CryptoTrading. #BearishSetup #PriceAction #RiskManagement $HIGH