Professional Short Trade Signal for $1000CAT /USDT⚡⚡
Market Overview:
Current Price: $0.01760
24h Change: -11.96%
7-Day Trend: -38.62%
Trade Setup:
Entry Price: $0.01730 (confirmation of bearish momentum below support)
Stop Loss (SL): $0.01850 (recent resistance level to minimize risk)
Take Profit 1 (TP1): $0.01650
Take Profit 2 (TP2): $0.01500
Technical Indicators:
1. Downtrend confirmed on 1D and 15m charts.
2. Declining volume suggests weak buying pressure.
Risk-Reward Ratio:
Favorable at approximately 1:2.
Caution: Ensure risk management by not exceeding 2% of portfolio exposure. Monitor closely for any reversals.
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