$S /USDT BEARISH BREAKOUT CONFIRMED — PRICE DROPS BELOW KEY $0.580 SUPPORT!
$S has tumbled to $0.5738, losing -4.35% and officially breaking down from the $0.580–$0.600 support range. The high-volume rejection from $0.650 and subsequent lower highs are pointing to strong bearish control in the current market structure.
Trade Setup:
Short Entry: $0.5730 – $0.5900
Take Profit Targets: $0.5640 / $0.5500 / $0.5300
Stop Loss: $0.6100
Market Outlook:
Unless bulls reclaim the $0.600 level quickly, this breakdown opens room for a deeper retracement into the $0.55 zone. Sellers are dominating with increasing momentum, and support below remains weak.
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