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🚨 Binance Technical Analysis: Bearish Trend Breakdown 🚨
The market shows signs of a bearish trend for [$HOOK
/USDT]. Let’s dive into key levels to watch:
🔻 Current Price: 0.1560 USDT
📉 Bearish Outlook: The price has been moving below the 0.1540 level, indicating further downward momentum.
Key Levels to Watch:
1. Entry Level: 0.1530 USDT - A potential entry point to ride the bearish momentum.
2. Target 1: 0.1480 USDT - A realistic target for the initial drop.
3. Target 2: 0.1440 USDT - A strong support level that could serve as the final destination.
Stop Loss: 0.1600 USDT - Place your stop loss here to minimize risk in case of reversal.
🔎 Keep an eye on these levels and manage your risk effectively. Stay tuned for more updates!