$BID USDT BEARISH SETUP SIGNALS CONTINUED DOWNSIDE MOMENTUM
$BID USDT is exhibiting strong bearish momentum after failing to sustain above recent highs. The price is breaking below key support levels, indicating a continuation of the downtrend.
SHORT ENTRY: Below 0.0690
TARGET 1: 0.0683
TARGET 2: 0.0650
STOP LOSS: Above 0.0725
Increased volume on the decline confirms seller dominance. Traders should watch for pullbacks to resistance as opportunities to enter short positions.
Risk Management: Maintain a stop loss above 0.0725 and risk no more than 1-2% of trading capital per trade to protect against unexpected reversals.
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