$ALT /USDT โ€“ BEARISH BREAKDOWN IN PLAY โš ๏ธ๐Ÿ“‰

๐Ÿšจ TECHNICAL ANALYSIS UPDATE โ€“ 19 JUNE 2025 ๐Ÿšจ

The pair $ALT /USDT is showing clear bearish momentum after a consistent downtrend and failure to reclaim key moving averages. With price currently at $0.03595 (-5.67%), a breakdown below support could accelerate downside.

๐Ÿ“Š KEY LEVELS:

๐Ÿ”ป Current Price: $0.03595

๐Ÿ“‰ Support Levels:

$0.03530 (Near-term support)

$0.03500 (Critical support โ€“ potential breakdown zone)

๐Ÿ“ˆ Resistance Levels:

$0.03626 (Minor resistance)

$0.03751 (Major resistance โ€“ confluence of MA25 & structure)

$0.03875 (Stronger resistance zone)

๐Ÿ“‰ Indicators:

MA(7) = $0.03595 (Flat)

MA(25) = $0.03717 (Above price โ€“ resistance)

MA(99) = $0.03771 (Downward sloping โ€“ bearish)

๐Ÿงจ TRADE SETUP (SHORT):

๐Ÿ’ฅ Entry: $0.03580 โ€“ $0.03600

๐ŸŽฏ Take Profits (TP):

TP1: $0.03500

TP2: $0.03430

TP3: $0.03350

๐Ÿ›‘ Stop Loss (SL): $0.03655 (Above MA25 + minor structure)

๐Ÿ’ก RISK MANAGEMENT ๐Ÿ›ก๏ธ:

Use 1-2% risk per trade

Stick to SL strictly โ€“ no emotional exits

Adjust position size based on volatility

โš ๏ธ Momentum favors bears โ€“ wait for confirmation candle before entry! Let the trend be your friend! ๐Ÿ“‰๐Ÿ”ฅ

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