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/USDT – Abracadabra Reversal Incoming?📉

Price surged from 0.1957 to 0.2981 (a 52% rally), now cooling off to 0.2517, down nearly -8.7% from the top. Volume is drying up after a blow-off top.

Short Setup:

Look to short on weak bounces near previous rejection zone.

Entry Zone:

Between 0.2570 – 0.2650

Targets:

• TP1: 0.2410

• TP2: 0.2285

• TP3: 0.2160

Stop Loss:

Above 0.2715 (reclaim of structure)

Momentum Note:

Price likely front-ran resistance and faced sharp rejection. If RSI stays below 50 on lower timeframes, this favors continuation lower.

Trade Tip:

Use tight risk management; this coin is fast-moving and volatile. A failed retest of 0.2600 is a strong confluence.

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