Price showed a potential bearish RSI divergence near the local highs, followed by a strong downside move. The setup targets further downside continuation.
$Q Trade Setup | Short
Entry: 0.094718 Stop Loss: 0.118601
TP1: 0.071135 TP2: 0.046861 TP3: 0.023201
Technical Outlook: RSI momentum weakened while price pushed higher, signaling potential bearish momentum reversal. RSI is now near 35, so a short-term relief bounce remains possible.
Bias: Bearish, with risk management being key.
โ ๏ธThis is a technical analysis scenario, not a guaranteed outcome. Always manage risk.