Mark my words, friends, this structure is screaming weakness. We're witnessing a textbook bleed-out, with momentum firmly in the hands of the bears. The price is consistently getting rejected by the moving averages, and look at the volume profile—it's completely dying on every pathetic attempt to rally. This weak momentum, coupled with repeated rejections, signals a complete lack of buyer conviction and a clear path downwards. This is the phase where smart traders win big.
For clear execution:
Entry: 0.5800
Target 1: 0.5500
Target 2: 0.5000
SL: 0.6100
SPXUSDT
Perp
0.5523
-6.64%
IRYSUSDT
Perp
0.031065
-1.76%
GIGGLEUSDT
Perp
70.26
-7.05%