🚨 $CHR/USDT Short Trade Opportunity! 🚨
Current Price: $0.1361
🔻 Short Setup Overview:
Entry Zone: Between $0.1350 and $0.1400
Stop Loss: Set at $0.1450
Target Levels:
TP1: $0.1300
TP2: $0.1250
TP3: $0.1200
📉 Market Insights:
is currently encountering significant resistance within the $0.1400 to $0.1450 zone, with clear rejection signals emerging from sellers. This increasing bearish pressure suggests that the market is ready for a potential decline. A confirmed break below $0.1350 could trigger further downside momentum, opening the door for further price retracement towards the lower target levels.
💡 Actionable Advice:
Wait for a confirmed breakdown below $0.1350 before entering a position. A retest and rejection at these levels will solidify the short setup, offering a stronger signal for a potential downtrend.
⚠️ Risk Management:
As always, proper position sizing is crucial. Stick to stop-loss rules to protect your capital and ensure disciplined risk management throughout the trade.