🔴 $REQ /USDT – Bearish Setup (4H Chart) 🚨
REQ is showing bearish weakness, failing to hold its highs after a sharp liquidity grab. The rejection from $0.1300 suggests a potential retracement.
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📉 Bearish Trade Setup (Short Entry) 🔴
📌 Entry Zone: $0.1085 – $0.1100 (Rejection Area)
📌 Stop Loss: $0.1135 (Above Key Resistance)
🎯 Take Profit Targets:
1️⃣ $0.1040 – First TP (Local Support)
2️⃣ $0.1010 – Second TP (Recent Swing Low)
3️⃣ $0.0980 – Final TP (Liquidity Zone)
🔹 Technical Confirmation:
✅ Strong Wick Rejection: Price spiked to $0.1300 but faced heavy selling pressure.
✅ Bearish Candle Formation: Large wick indicates distribution by smart money.
✅ Weak Buying Pressure: The order book shows more sellers entering.
✅ Market Structure: Lower highs forming after liquidity grab.
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⚠️ Trade Management:
🔹 Secure partial profits at $0.1040 if rejection occurs.
🔹 Move SL to breakeven once TP1 is hit to protect profits.
🔹 Monitor BTC movements—a BTC drop could accelerate the REQ decline.
📢 Reminder:
🔹 Manage risk wisely—no trade is 100% guaranteed.
🔹 Stay patient and let the trade develop.
🔹 This is not financial advice—always do your own research.
📍 Comment "Bear" if you're taking this trade!
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