$PSG /USDT BEARISH MOVE IMMINENT 📉 | SHORT SETUP UNDERWAY!

🚨 Current Price: $1.647

⏰ Trend: Bearish (Lower highs forming on higher timeframes)

📊 24H Range: $1.622 - $1.765

🔍 KEY LEVELS TO WATCH:

Resistance Zones:

🔺 $1.710 – Minor Resistance

🔺 $1.750 – Strong Resistance (Recent rejection zone)

Support Zones:

🔻 $1.630 – Immediate Support

🔻 $1.600 – Key Support (If broken, expect stronger downside)

💥 TRADE SETUP – SHORT IDEA

Entry: $1.645 – $1.660 (On weak bounce into resistance)

Stop Loss (SL): $1.715 (Above key resistance)

Take Profit (TP):

🎯 TP1: $1.630

🎯 TP2: $1.600

🎯 TP3: $1.575 (Extended target on heavy sell-off)

🛡️ RISK MANAGEMENT

Use 2% max of account equity per trade 💰

Stick to risk-reward of at least 1:2 for optimal results 📏

Avoid chasing entries – wait for confirmation candle rejection 📉

⚠️ MARKET CONTEXT:

Price is showing weakness near previous rejection areas with lower highs forming, suggesting sellers are stepping in. Momentum is fading, and a push below $1.630 could accelerate the drop.

📉 Bears in control – plan your short entry wisely!

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