The structure is clear: USDT is still showing signs of weakness, and the downside pressure is real. Despite brief bounces, the coin is failing to hold above the critical \$0.02020 level, and the market is sending strong bearish signals.
Here’s what’s happening on the charts:
* **Lower highs** are forming on the 1H chart, signaling that sellers are in control and price action is struggling to break key resistance.
* **MACD** remains below zero, and momentum is weak. No bullish crossovers in sight – the bears are still running the show.
If you’re looking for a short setup, this is the moment to strike:
**Short Trade Setup:**
* **Entry**: \$0.01995
* **Target 1**: \$0.01970
* **Target 2**: \$0.01940
* **Stop Loss**: \$0.02025
A breakdown below \$0.01970 could lead to an even deeper sell-off, possibly pushing towards new local lows.
The market is still leaning heavily bearish—don't miss out on this potential downside move. Keep your stops tight, and stay sharp!
🚨 **Trade at your own risk, but make sure
you’re prepared!** 🚨
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