$PSG /USDT ā SHORT TRADE SIGNAL š»
$PSG spiked to $1.755 but faced immediate rejection, pulling back sharply toward $1.67. This rejection at resistance with high volatility suggests sellers are stepping in, opening room for a downside correction.
Trade Setup (Futures/Spot):
Entry: 1.675 ā 1.690
Take Profit 1: 1.640
Take Profit 2: 1.600
Stop Loss: 1.720
Leverage: 10x (Risk 2ā3% of wallet)
Market Outlook:
The rejection wick shows strong selling pressure near $1.75. If $1.67 fails to hold, bearish momentum could extend toward $1.60. Bulls only regain control above $1.72.