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Binance Technical Analysis: Bearish Trend Alert on $LEVER
USDT
The recent price movement of LEVERUSDT suggests a bearish trend. Based on our analysis, here's a potential trading strategy:
Entry Level:
Entry: 0.000775
(Watch for a rejection at the current resistance level to confirm the bearish trend.)
Target Levels:
Target 1: 0.000730
Target 2: 0.000710
Stop Loss:
Stop Loss: 0.000800
(Place the stop above the recent swing high to limit risk.)
The market is currently facing downward pressure, and we expect further downside movement. Keep an eye on the key support levels and use these targets to guide your trade execution.
Stay alert and manage risk carefully!