🔻 $QUICK /USDT – Breakdown Play: Bears Slam the Gas! ⚠️
$QUICK took a hard rejection from $0.02186, plunging to $0.01903 with a steep -6.02% drop. The chart shows a strong bearish engulfing followed by panic selling — clear signs that the momentum has flipped in favor of the bears.
📉 Short Trade Setup: • Entry Zone: $0.01900 – $0.01930
• Target 1 (TP1): $0.01870
• Target 2 (TP2): $0.01840 ✅
• Stop Loss (SL): $0.02030
⚙️ Technical View:
Quick rejection from the local high with rising sell volume. Price is testing support zones and showing no signs of strength — ideal structure for a breakdown continuation.
🛡 Risk Note:
SL above the engulfing structure — tight and clean. If momentum flips, exit fast and reevaluate.
🔄 Strategy Breakdown:
This is a post-rejection continuation short — riding momentum after a failed rally. With bulls out of the picture, we're targeting lower supports as the downtrend develops.
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