$PROVE USDT short trade signal š š¦
BEARISH REVERSAL IN PLAY AFTER RISING WEDGE BREAKDOWN!
Price action has confirmed a textbook breakdown from the rising wedge pattern, rejecting strongly near the $1.06 zone and failing to sustain bullish momentum. This rejection signals a sharp shift in control from bulls to bears, opening the door for a deeper retracement toward previous support.
š» Short Trade Setup
Entry Zone: $1.0220 ā $1.0300
Take Profit 1: $0.9800
Take Profit 2: $0.9500
Stop Loss: $1.0620
š Market Outlook:
The uptrend has lost steam, with momentum indicators turning flat and price structure breaking below support trendline. Unless bulls reclaim $1.05 quickly, downside pressure is likely to intensify, targeting the $0.95ā$0.96 demand zone next.
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