๐ Short Trade Setup: BID/USDT
๐น Entry Zone:
0.0602482 โ 0.0607717 USDT
๐ฏ Targets:
0.0598175 USDT
0.0585474 USDT
0.0572772 USDT
0.0560071 USDT
๐ Stop-Loss:
0.0639607 USDT
โ๏ธ Leverage:
10x (Isolated Margin)
๐ Market Overview:
Current Price: Approximately 0.05848 USDT
24h High: 0.06237 USDT
24h Low: 0.0488 USDT
24h Volume: $231,690 USD
Market Cap: $15.70 million USD
Circulating Supply: 268.47 million BID
All-Time High: $0.2739 USDT
MEXC
Source: MEXC
๐ Strategy Notes:
The current price is slightly below the specified entry zone, indicating a potential shorting opportunity if the price retraces into the entry range.
The recent price action shows a downward trend, suggesting bearish momentum.
Setting a stop-loss at 0.0639607 USDT helps manage risk in case of a market reversal.
Please ensure to conduct your own research and consider market volatility before entering any trade.
