$HARD /USDT – Momentum Dying Fast! Short Setup in Play! 🔥
Current Price: $0.1584 (▼0.76% on current candle)
24H Change: +6.17%
Market Snapshot:
HARD spiked toward $0.1697 but faced heavy rejection with multiple long upper wicks. Price is now forming lower highs and leaning bearish below $0.1600 – suggesting a potential drop is brewing.
Key Levels:
• Resistance: $0.1600 / $0.1650
• Support: $0.1530 / $0.1450
• 24H Range: $0.1447 – $0.1697
Short Trade Setup:
• Entry Zone: $0.1585 – $0.1605 (scalp into breakdown)
• Targets:
◦ TP1: $0.1530
◦ TP2: $0.1450
• Stop Loss: $0.1655
Market Insight:
The volume spike failed to sustain momentum, and the chart is now showing signs of distribution. A break below $0.1570 could trigger a cascade toward lower support.
Pro Tip:
Watch for breakdown confirmation below $0.1570 with a weak bounce rejection. Volume divergence and fakeout spikes are common on these types of reversals.
CTA:
Don’t chase late pumps—this one’s gassing out! Time your entry, ride the retrace, and manage your risk smartly. Let the trend do the heavy lifting!
$HARD
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