$W /USDT BEARISH RETEST IN PLAY š»ā ļø
W ($W ) is currently trading at $0.0642 (+0.94%), facing heavy resistance after a weak bounce from the lows. The price is showing signs of exhaustion, suggesting a potential bearish continuation if key levels fail to hold.
š KEY LEVELS
Current Price: $0.0642
Resistance Levels:
$0.0670 ā Immediate resistance
$0.0710 ā Major bearish rejection zone
$0.0750ā$0.0800 ā Strong supply zone š§±
Support Levels:
$0.0630 ā Weak local support
$0.0600 ā Key breakdown level
$0.0570 ā Next demand zone š§
š“ TRADE SETUP ā SHORT ENTRY
Entry Zone: $0.0660ā$0.0670 (on rejection)
Take Profit Targets (TP):
TP1: $0.0630
TP2: $0.0600
TP3: $0.0570
Stop Loss (SL): $0.0715
š Watch for a rejection at $0.0670 to confirm bearish bias. A clean break below $0.0600 opens up deeper downside.
š”ļø RISK MANAGEMENT
š Risk only 1ā2% per trade. Stick to your SL and avoid revenge trading. Patience and timing are key for this short setup! š§ š
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