$HFT /USDT BEARISH BREAKDOWN ๐ป | TECHNICAL ANALYSIS ALERT ๐จ
๐ CURRENT PRICE: $0.0590
โ ๏ธ Momentum favors sellers with a -3.75% dip in the last 24h and a long-term downtrend continuing.
๐ KEY LEVELS:
๐ Resistance:
$0.0609 (Major Supply Zone)
$0.0620 (24h High)
๐ข Support:
$0.0572 (24h Low)
$0.0550 (Next Strong Demand Zone)
๐ TRADE SETUP โ SHORT POSITION:
๐ป Entry: $0.0590 โ 0.0600
๐ฏ Targets (TP):
TP1: $0.0572
TP2: $0.0550
TP3: $0.0525 (Extended)
๐ก๏ธ Stop Loss (SL): $0.0612 (Above resistance & BOLL top)
๐ INDICATORS:
๐ MACD: Bearish crossover
๐ BOLLINGER BANDS: Price near mid-line, rejecting top band
๐ EMA & MA: Price below major averages, confirming trend
๐ง RISK MANAGEMENT:
Risk 1โ2% of capital. Stick to SL. No revenge trading. Monitor volume spikes.
๐ป Trend is down. Ride the wave, not fight it. Patience = Profit. ๐ป
#CryptoTrading #HFT #TechnicalAnalysis #ShortSetup ๐ฅ
#CUDISBinanceTGE #BlackRockETHPurchase #TrumpTariffs #TrumpTariffs #Write2Earn! $HFT