$HFT /USDT short tread signal 🚦 🔴

SHORT TRADE SIGNAL – WEAK BREAKOUT FOLLOWED BY QUICK REJECTION!

$HFT attempted a breakout above $0.0618 but was swiftly pushed down, leaving a rejection wick at the top. The price is now slipping below the average line at $0.0614, indicating that bullish momentum is fading and a correction could be underway.

Trade Setup (SHORT):

Entry Price: $0.0612 – $0.0615

Target 1: $0.0595

Target 2: $0.0583

Stop Loss: $0.0622

Why Short?

The 15-min chart shows multiple attempts to break above $0.0618 failing. A lower high has formed and volume is starting to dry up. If $HFT fails to reclaim $0.0615 quickly, a drop back to the recent low is likely.

Risk Management Tip:

Keep SL tight above $0.0622 and trail it once the price drops below $0.0595 to secure gains early.

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