$USDC – BEARISH BREAKDOWN ALERT: DOLLAR SLIDES BELOW SUPPORT, MORE DOWNSIDE LIKELY!

The U.S. Dollar ($USD) has shown a sharp bearish move, falling -0.93% to 2,274.3. The price action has broken below a critical support level near 2,293.0 and continues to slide with lower highs forming consecutively. With 2,274.3 now acting as resistance, bearish momentum is building, suggesting sellers are in control. The next support zones lie at 2,247.2 and 2,218.8 — indicating further potential downside.

🔻 Trade Setup:

Entry (Short): 2,274.0 – 2,280.0

Take Profit (TP): 2,247.0 / 2,218.0

Stop Loss (SL): 2,300.0

📉 Market Outlook:

The trend has shifted firmly bearish after breaking key supports. With lower volume on attempts to recover and consistent lower lows, the U.S. Dollar appears poised for more downside in the short term, especially if 2,247.0 fails to hold. Watch out for sharp bounces, but the prevailing trend favors sellers.

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