$LEVER
USDT BEARISH REJECTION – WEAK BOUNCE INDICATES SELL PRESSURE REMAINS
The $LEVERUSDT 1H chart shows heavy bearish momentum despite temporary spikes. The recent bounce towards $0.000360 was rejected quickly, indicating strong sellers dominating. Current price is $0.000316 with a -12.95% daily drop, reflecting weakness.
🔑 Key Levels:
Resistance: $0.000340 – $0.000360 (strong intraday rejection zone)
Support: Immediate: $0.000300, Major: $0.000280
📊 Trade Setup (Short):
Entry: $0.000320 – $0.000330 (if price retests resistance zone)
Take Profit Targets: TP1: $0.000300, TP2: $0.000285
Stop Loss: $0.000345
🌐 Market Outlook:
Bearish trend continuation is likely unless buyers reclaim above $0.000345. High volatility with quick wicks demands disciplined entries at confirmed levels only.
⚠️ Risk Management:
Use strict stop losses and limit position size to 1-2% risk per trade. Avoid chasing entries; wait for rejection confirmations to minimize losses in sudden spikes.
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buy and trade here on $LEVER