📉 $PSG /USDT - Bearish Momentum 📉
📌 Current Price: $2.417 (-1.71%)
📊 24H High: $2.562 | 24H Low: $2.417
$PSG is showing weakness, testing its daily low after failing to sustain its previous bounce. Bears are in control, and further downside is possible if support at $2.40 breaks.
🔹 Key Levels to Watch:
🟢 Support: $2.40 / $2.35
🔴 Resistance: $2.45 / $2.50 / $2.55
🚨 Short Entry Setup:
🔻 Entry: Below $2.41 for breakdown confirmation
🎯 Targets: $2.35 / $2.30 / $2.25
❌ Stop Loss: Above $2.45
⚠️ Market Insight:
Volume is increasing on red candles, confirming the downtrend. If $2.40 breaks, expect a further drop. However, if bulls hold this level, a bounce back to $2.50 is possible. Keep an eye on volume changes! 🔥
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