$BABYSHARK - price has tested the level 0.0060 several times, but failed to gain a foothold above it. This indicates weakness from buyers. RSI is gradually falling toward the neutral zone, while trading volumes are increasing. Moving averages MA20 and MA50 are diverging downward, forming a bearish impulse. If the price breaks 0.00590 to the downside, the move may accelerate toward 0.00570 and lower
SHORT $BABYSHARK
Entry 0.00595 - 0.00600
Stop 0.00615
Target 0.00570 - 0.00550
It looks like a continuation of the downtrend; a short is justified if resistance holds, but the stop is mandatory
DYOR
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