šØ $YALA / USDT SHORT SETUP ALERT! Bearish Breakdown in Play ā Time to Catch the Drop! š
$YALA USDT is showing serious weakness right now at 0.0208 after a sharp -10.7% plunge in the last 24 hours! š±
The price has broken below key support, rejected hard from the middle Bollinger Band (~0.0199), and is hugging the lower band with strong downward momentum.
Key bearish signals flashing:
Clear downtrend on the 1D chart with lower highs & lower lows
RSI(14) still weak at ~46, no strong bullish divergence yet
MACD remains in negative territory with bearish histogram
Heavy selling pressure visible in volume profile & long/short ratio favoring shorts (66%+ longs getting wrecked!)
This looks like a classic continuation move after the recent bleed from 0.046 ā current levels. Momentum traders are piling in!
My trade idea ā SHORT $YALA / USDT NOW!
Entry: around current market 0.0207ā0.0209
šÆ Take Profit 1: 0.0185 (+~11%)
šÆ Take Profit 2: 0.0160 (+~23% ā lower Bollinger target)
š Stop Loss: 0.0225 (above recent swing high ā invalidation if broken)
Risk smart, use proper leverage (max 5-10x recommended), and don't overexpose! This could be the start of the next leg down if volume keeps supporting sellers.
Who's jumping in on the short side with me? Drop your thoughts below! š¬ Fire up those trades & let's bank some gains! š°
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