crypto Master I have entry long at 0.289 will it dump more please check analysis and tell me shall I hold how long will I have to wait?
Crypto Master 786
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Bearish
๐ป $BMT /USDT Short Trade Signal! ๐ป
๐ Entry: $0.2722 ๐ฏ Targets:
Target 1: $0.2600 (First support)
Target 2: $0.2450 (Key breakdown level)
Target 3: $0.2300 (Major support zone)
๐ Stop Loss: $0.2850 (Above recent high)
๐ Key Levels:
Resistance: $0.2850 (Recent rejection zone)
Support Zones:
$0.2600 (Initial support)
$0.2450 (Breakdown level)
$0.2300 (Stronger demand area)
๐ Market Outlook: BMT had an explosive move up, reaching an intraday high of $0.3298 but is now showing signs of exhaustion. If the price breaks below $0.2600, it could confirm further downside movement.
โ ๏ธ Risk Management:
Risk-Reward Ratio: 1:2+
Position Sizing: Risk 1-2% per trade
Trailing Stop: Move SL to breakeven after price drops below $0.2600
๐ก Pro Tip: Watch for a rejection near $0.2850 before entering a short. If volume increases on the breakdown, this could accelerate the downward move.