$SLF
USDT BEARISH BREAKDOWN – NEW LOWS LOOMING AHEAD ⚠️
The market is showing strong bearish momentum as $SLFUSDT continues its downward trajectory, forming lower highs and lower lows consistently. Currently, the price is at $0.0639, testing its recent support zone.
🔑 Key Levels:
Resistance: $0.0700 – $0.0730
Support: $0.0635 (current) then $0.0600 (next major support)
📉 Trade Setup (Short):
Entry Zone: $0.0640 – $0.0630
Take Profit Targets:
• TP1: $0.0615
• TP2: $0.0600
Stop Loss: $0.0665
📊 Market Outlook:
Bearish pressure is evident with strong selling volume. Breakdown of $0.0635 could accelerate further downside towards $0.0600 quickly. Traders should watch for continuation patterns on lower timeframes to confirm entries.
⚠️ Risk Management:
Always use strict stop-loss and avoid over-leveraging. Risk only 1-2% of your total capital per trade to protect your equity during volatile movements.
buy and trade here on $SLF
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