🛑💥💥💥🛑Binance Signals 🛑💥💥💥🛑
✨ If you like this signal—Trade Now & Follow for More Updates! ✨
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Trade Recommendation for Virtual/USDT
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Key Observations
1. Price Action:
Current Price: 1.74 USDT (near 24h High ~1.75)
Trading below EMA(7): 1.7038, EMA(25): 1.6538, EMA(99): 1.5271
2. Momentum Indicators:
RSI(6): 79.71 (Overbought)
Stochastic RSI: 84.14 (Overbought)
MACD: Bullish crossover (DIF > DEA) but small histogram (+0.0095), signaling weakening momentum
3. Volume:
Current Volume: 343K < MA(5): 880K → Declining participation
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📉 Bearish Trade Setup
Entry: After bearish confirmation—either a rejection candle at 1.75 (24h High) or a breakdown below EMA(7) at 1.7038
Targets:
TP1: 1.6538 (EMA 25)
TP2: 1.5271 (EMA 99)
Stop-Loss: Above 1.7550 (just above 24h High)
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⚠️ Alternate Scenario
Invalidation: Break & close above 1.7550 with rising volume → consider long continuation
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⚖️ Risk Management
Use ≤2% of capital per trade
Tight stop due to overbought readings
Confirm entries with volume spike and bearish candlestick patterns
Always confirm with live chart data and maintain disciplined risk controls.
