$B USDT BEARISH CONTINUATION SELL THE RALLIES
$B USDT is showing a bearish continuation setup after a rejection from the upper resistance zone. Price remains below key levels, indicating sellers are in control. Any short-term bounce is likely to be corrective, offering potential selling opportunities.
Technical Outlook
Strong rejection from the recent high confirms distribution. Lower highs and persistent weakness signal that bearish momentum is likely to continue. Breakdown from the consolidation range points to further downside, supported by selling volume.
Trade Plan
Sell near resistance on pullbacks
1Target 1 0.1800 short-term support
2Target 2 0.1700 previous consolidation low
3Target 3 0.1600 extended bearish
continuation zone
4Stop Loss 0.2000 above recent swing high
Risk Management
Use low leverage and risk 1-2% per trade. Consider trailing the stop loss after reaching the first target.
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