🚨 $MOODENG/USDT BEARISH BREAKDOWN – TECHNICAL ANALYSIS ALERT! 🚨
🔻 Current Price: $0.15631 (-0.70%)
The bears are taking charge as $MOODENG/USDT struggles below key resistance levels! Momentum is weakening with a visible downtrend, and a possible further drop could be on the horizon.
📉 Key Levels to Watch:
🔸 Resistance:
$0.16500 🔼
$0.17000 🔼
🔸 Support:
$0.15000 🛑 (Near-term Support)
$0.14500 ⚠️ (Critical Break Level)
📊 Bearish Trade Setup:
Entry (Short): $0.15600
Take Profit (TP):
TP1: $0.15000 🎯
TP2: $0.14500 🎯
Stop Loss (SL): $0.16050 🛡️
📌 Risk Management Tip:
Never risk more than 1-2% of your capital per trade. Use proper position sizing to protect your account! 🧠📉
⚠️ Trend: Bearish bias continues unless bulls reclaim $0.165+ with volume!