๐ฅ $BABY USDT BEARISH BREAKDOWN โ FURTHER FALL EXPECTED ๐ฅ
$BABYUSDT is showing strong bearish momentum after a rejection from the resistance zone near 0.05007. The current price is 0.04890, indicating sellers are in control as the market continues its downward structure.
๐ Key Levels:
Resistance: 0.05007 โ 0.05100
Support: 0.04700, with deeper support around 0.04390
๐ Trade Setup (Short):
Entry: Below 0.04900 (current market zone)
Targets (TP):
TP1: 0.04700
TP2: 0.04390
Stop Loss (SL): Above 0.05007
๐ Market Outlook: The chart shows a clear breakdown of the support zone after multiple rejections from the previous consolidation area. If the price sustains below 0.04900, a swift move towards 0.04390 is likely as bearish pressure builds up.
โ ๏ธ Risk Management: Always risk only 1-2% of your capital per trade to maintain longevity. Wait for candle confirmations before entering to avoid fake breakdown traps.
๐ Comment if you are watching this setup unfold and follow for more daily structured analyses.
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