$C USDT short trade signal š¦ š
SHARP REJECTION FROM TOP, BEARS READY TO DRIVE PRICE LOWER
$C just printed a classic bull trap ā a strong vertical move followed by an aggressive sell-off from the 0.2778 high. Price has now broken back below the key support zone, flipping it into resistance. This signals a shift in control to the bears, with momentum likely targeting deeper downside levels.
Trade Setup (Short):
ā¢ Entry Zone: 0.2615 ā 0.2635
ā¢ Take Profit 1: 0.2540
ā¢ Take Profit 2: 0.2460
ā¢ Stop Loss: 0.2675
Market Outlook:
The swift breakdown and rejection from the upper supply zone confirms weakness. Unless $C reclaims 0.2675 with volume, further downside remains the high-probability move. Volatility spike suggests more sell-side pressure incoming.
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buy and trade here on $C