$ALT BEARISH PULLBACK AFTER SHARP RALLY! โ ๏ธ๐
๐ Current Price: $0.03522
๐ป 24h Change: -3.64%
๐ Trend: Cooling off after recent pump โ short-term bearish
๐ KEY LEVELS TO WATCH:
๐ฝ Support 1: $0.03188 (๐ก๏ธ 24h low)
๐ฝ Support 2: $0.03000 (๐ Key structure zone)
๐ผ Resistance 1: $0.03931 (๐ 24h high)
๐ผ Resistance 2: $0.04500 (โ๏ธ Previous rejection zone)
๐ผ Major Resistance: $0.05000โ$0.05500 (๐ง Strong overhead supply)
๐ฏ TRADE SETUP โ SHORT ENTRY IDEA:
Entry Zone: $0.03650โ$0.03800 (on weak bounce/retest)
Take Profit (TP):
TP1: $0.03300
TP2: $0.03050
TP3: $0.02800
Stop Loss (SL): $0.04020 (above 24h high + invalidation)
๐ Confirmation: Look for rejection candles and decreasing volume on 1h/4h near resistance.
๐ก๏ธ RISK MANAGEMENT:
๐น Use a defined SL to prevent emotional exits
๐น Risk max 2% per trade
๐น Monitor for trend reversal โ donโt overstay a short in a volatile altcoin!
#ALT #CryptoTrade #BearishSetup #ShortOpportunity #RiskFirst $ALT