Professor Mike
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Bearish
$ARKM /USDT Trade Signal - Potential Short Setup 🔥💯
Entry: $1.470
Stop Loss (SL): $1.510
Take Profit (TP):
• TP1: $1.430
• TP2: $1.400
Analysis:
• The price is trending within a descending channel (marked in blue).
• Current rejection at the upper trendline suggests a shorting opportunity.
• RSI shows potential bearish divergence on lower timeframes.
Risk Management:
• Maintain a 1:2 risk-to-reward ratio.
• Secure partial profits at TP1 and move SL to breakeven.
Note:
Monitor price action near the $1.400 support for any reversal signals.
#GrayscaleSUITrust #ElSalvadorBTCReserve #CorePCESignalsShift #MarketPullback
Entry: $1.470
Stop Loss (SL): $1.510
Take Profit (TP):
• TP1: $1.430
• TP2: $1.400
Analysis:
• The price is trending within a descending channel (marked in blue).
• Current rejection at the upper trendline suggests a shorting opportunity.
• RSI shows potential bearish divergence on lower timeframes.
Risk Management:
• Maintain a 1:2 risk-to-reward ratio.
• Secure partial profits at TP1 and move SL to breakeven.
Note:
Monitor price action near the $1.400 support for any reversal signals.
#GrayscaleSUITrust #ElSalvadorBTCReserve #CorePCESignalsShift #MarketPullback
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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