$BROCCOLI714 USDT BEARISH SETUP: SELLERS GRAB CONTROL AFTER FAILED BREAKOUT
š» Market Next Move:
$BROCCOLI714USDT attempted a bullish breakout towards $0.04425 but faced strong rejection, forming consecutive bearish candles, signalling a shift in momentum back to sellers.
š Key Levels:
Resistance: $0.04425 (24h high, strong rejection zone)
Support: $0.03707 (previous demand zone)
Current Price: $0.04102
šÆ Trade Setup:
Short Entry: $0.04120 - $0.04150
Targets:
TP1: $0.04000
TP2: $0.03850
TP3: $0.03710
Stop Loss: $0.04300 (above rejection wick)
š Market Outlook:
Momentum is weakening after a failed breakout and the structure is shifting bearish on the 1H chart. If price breaks below $0.04000 decisively, expect a quick drop to $0.03707 support.
ā ļø Risk Management:
Risk only 1-2% of your capital per trade. Wait for candle close confirmation below immediate support for higher probability entry.
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