Professor Mike
--
Bearish
Professional Short Trade Signal:$USUAL /USDT!🔥💯
Signal Details:
• Entry Price: $1.2580
• Take Profit (TP):
• TP1: $1.2200
• TP2: $1.1800
• Stop Loss (SL): $1.2900
Analysis:
1. The price is moving within a descending channel, indicating a bearish trend.
2. Momentum is weakening, as suggested by the declining highs.
3. Strong resistance is observed near $1.3000.
4. The breakdown below $1.2600 suggests further downside potential.
Trade Strategy:
1. Enter the trade upon a retest or continuation near $1.2580.
2. Place the stop loss slightly above the resistance line at $1.2900 to minimize risk.
3. Aim for the first profit target at $1.2200 and the second at $1.1800 for maximum gains.
Risk-Reward Ratio: Favorable, ensuring good trade efficiency.
Disclaimer: Ensure proper risk management and adjust trade sizes to your portfolio’s risk tolerance. Always analyze market conditions before placing trades.
#BinanceLabsBacksUsual
Signal Details:
• Entry Price: $1.2580
• Take Profit (TP):
• TP1: $1.2200
• TP2: $1.1800
• Stop Loss (SL): $1.2900
Analysis:
1. The price is moving within a descending channel, indicating a bearish trend.
2. Momentum is weakening, as suggested by the declining highs.
3. Strong resistance is observed near $1.3000.
4. The breakdown below $1.2600 suggests further downside potential.
Trade Strategy:
1. Enter the trade upon a retest or continuation near $1.2580.
2. Place the stop loss slightly above the resistance line at $1.2900 to minimize risk.
3. Aim for the first profit target at $1.2200 and the second at $1.1800 for maximum gains.
Risk-Reward Ratio: Favorable, ensuring good trade efficiency.
Disclaimer: Ensure proper risk management and adjust trade sizes to your portfolio’s risk tolerance. Always analyze market conditions before placing trades.
#BinanceLabsBacksUsual
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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