$FIO
USDT BEARISH BREAKDOWN ā SELLERS MAINTAIN FULL CONTROL šØ
$FIOUSDT continues its sharp decline on the 30M chart, showing a strong bearish trend with consistent lower highs and lower lows. The current price is 0.01250, down -7.48%, indicating continued heavy selling pressure with no bullish reversal signals yet.
š Key Levels:
Support: 0.01241 (24h low, immediate critical support)
Resistance: 0.01270 (minor), 0.01390 (24h high, major resistance)
š Trade Setup (Short):
Entry Zone: 0.01252 ā 0.01260
Targets (TP):
TP1: 0.01235
TP2: 0.01210
Stop Loss (SL): 0.01275
š Market Outlook: The market structure remains strongly bearish with continued downside momentum. If 0.01241 breaks decisively, deeper downside towards 0.01210 is expected in the coming sessions.
ā ļø Risk Management: Always use a stop loss to protect capital. Limit risk to 1-2% per trade to maintain discipline and avoid emotional decisions in strong trends.
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