$PSG /USDT BEARISH PRESSURE! WATCH OUT FOR A DOWNTREND!

The price of $PSG/USDT has recently seen a sharp decline after testing the 2.835 resistance level. Currently, the market is showing signs of bearish momentum as the price is heading toward the support level at 2.521. A break below this level could signal further downward movement.

Trade Setup:

Entry: Short below 2.580

Take Profit (TP): 2.521 (support level)

Stop Loss (SL): 2.640 (just above the recent resistance)

Outlook: If the price continues to consolidate below the 2.580 level, we can expect a downward push towards the 2.521 level. However, if the price reverses and tests the 2.640 resistance, it could invalidate the bearish scenario.

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