$EURI /USDC BEARISH STRUCTURE BELOW RESISTANCE – SHORT TRADE IN SIGHT 🔻📉
$EURI is trading at $1.1716 (-0.06%), showing bearish pressure as it struggles to break through the $1.1750 resistance zone. Price action is forming lower highs and hovering near the 24h low, indicating potential for downside continuation. 🚨
📊 KEY LEVELS:
🔸 Resistance: $1.1748 – $1.1750 (strong rejection zone)
🔹 Support: $1.1708 (immediate) → $1.1670 (major support)
📉 SHORT TRADE SETUP:
🔽 Entry: $1.1720 – $1.1740 (after rejection confirmation)
🎯 TP1: $1.1670
🎯 TP2: $1.1615
🎯 TP3: $1.1570
🛑 SL: $1.1755 (above key resistance)
📉 INDICATOR SIGNALS:
✅ MACD fading momentum
✅ EMA acting as resistance
✅ Price below mid BOLL band
✅ Consolidation under resistance = bearish signal
⚠️ RISK MANAGEMENT:
🔐 Risk max 2% of your capital
📏 Follow SL strictly
⚖️ Use proper position sizing based on volatility
🔥SUMMARY: $EURI is under bearish pressure below $1.1750. Short setup active while resistance holds. Look for rejection candles for confirmation. 🧨
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