$FORM — BEARISH OUTLOOK ⚠️
📉 PRICE ACTION & CONTEXT
Current Price: $1.015
Momentum is weakening, and market enthusiasm is fading — signs that downside pressure may soon take over.
🔑 KEY LEVELS
RoleLevelNotesResistance 1~$1.20Prior swing high areaResistance 2~$1.30Major resistance clusterSupport 1~$0.90Short-term low, minor bufferSupport 2~$0.80Stronger structural support if breakdown occurs
📊 TECHNICAL VIEW & TRADE PLAN
Market structure is tilting bearish as momentum fades. Preference remains on the short side unless price reclaims upper resistance zones.
Primary Short Setup
Entry: $1.12 – $1.20 (retest of resistance)
Stop Loss: Above $1.30
Targets:
TP1: $0.90
TP2: $0.80
If price closes firmly above $1.30, the bearish case is invalidated, and momentum could shift bullish.
Alternative Long Setup (if breakout confirmed)
Entry: Above $1.30 (clean close)
Stop Loss: Below $1.20
Targets: $1.50 → $1.70
🛡️ RISK CONTROL
Limit risk to 1–2% of capital per trade.
Size positions according to stop distance.
Avoid heavy leverage — volatility remains elevated.
Use trailing stops to protect profits as price moves in favor.
Stay cautious — when hype fades, markets often follow gravity.