$PSG / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after strong pump and possible exhaustion.
Entry: $2.700 - $2.720 (around the current price, looking for bearish confirmation)
Stop Loss: $2.785 (just above the recent high)
Targets:
* $2.645 (EMA(7))
* $2.580
* $2.535 (EMA(25))
Confirmation:
* Bearish candlestick forming after the pump.
* Decreasing buying volume or increasing selling volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x (high volatility, manage risk carefully)
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $2.785.
Trade here: click $PSG