$API3 /USDC BEARISH BREAKDOWN BELOW KEY RESISTANCE š»
š Current Price: $0.6017
šø Resistance Levels: $0.6200 ā $0.6400
šø Support Levels: $0.5850 & $0.5450
The price is struggling below the $0.6200 resistance zone and forming lower highs, suggesting bearish pressure on the 1H and 4H charts. A breakdown below $0.5850 could accelerate the downside momentum.
š» SHORT Trade Setup:
Entry: $0.6000 ā $0.6050
Targets:
šÆ TP1: $0.5850
šÆ TP2: $0.5650
šÆ TP3: $0.5450
Stop Loss: $0.6180
ā ļø Risk Management:
Risk only 2-3% of your capital per trade. Stick to SL. Trail your stop after TP1 to protect gains. Trade with discipline.
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