$ANIME / USDT – Weak Rebound, Potential Drop Ahead? 👀
Current Price: $0.02948 (+9.84%)
After reaching $0.0316, $ANIME failed to break higher. The price is now forming lower highs, showing that sellers are gaining control.
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Short Trade Plan:
• Entry Zone: $0.0294 – $0.0302
• Take Profit Targets:
• TP1: $0.0288
• TP2: $0.0275
• TP3: $0.0266
• Stop Loss: $0.0317
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Key Technical Levels:
• Resistance: $0.0316 (24-hour high)
• Support: $0.0266 (24-hour low)
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Market Analysis:
• Price action suggests a distribution phase.
• Failure to close above resistance and presence of long upper wicks hint at strong rejection from buyers.
• Bearish structure is forming—watch for continuation to the downside.
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Technical Indicators to Watch:
• RSI Divergence: Bearish divergence can confirm weakening bullish momentum.
• MACD Crossover: A bearish crossover can further validate the short setup.
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Summary:
The chart shows signs of a potential downtrend. If bearish signals confirm, this could be a solid short opportunity as momentum fades. Stay alert! 🔻