Bears have taken control after a sharp rejection at the resistance level. Momentum is heading down quickly, indicating a clean short setup.
Analysis in progress! 🔻
📉 Short entry area: 0.3285 – 0.3300
🎯 TP1: 0.3228
🎯 TP2: 0.3202
🛑 Stop loss: 0.3320
📊 Market outlook:
The price failed to regain resistance and printed a classic high-low reversal signal. As long as the price remains below 0.3300, expect the downtrend to continue towards demand areas. The perfect play for spread traders and day traders tracking weakness. #BTCBreaksATH #ShariaEarn #TrendTradingStrategy #FOMCWatch #BinanceHODLerLA