$S
S/USDT Trade Analysis & Trade Suggestion Short position ๐ฅ
๐ฅ Current Price: $0.5374
Support Level: $0.4980
Resistance Level: $0.5885
Trend: Bearish Reversal (Price rejected from resistance, breaking below MA)
๐ฅ Trade Decision: SHORT
Entry Price: $0.5400 - $0.5450
Target: $0.5000 - $0.4980
Stop Loss: $0.5600
โ Reasoning:
Failed breakout at $0.5885 shows strong resistance.
Bearish engulfing candle suggests further downside.
Price trading below MA confirms bearish momentum.
๐ฏ Final Suggestion:
Take a SHORT position, targeting $0.4980. Avoid long positions.
โ ๏ธ Disclaimer !
This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .