Zoe_Crypto analyst
--
Bearish
🔻 $NIL /USDT short trade signal 🚦 🛑
CONTINUES TO SLIDE – BEARS GRIP TIGHTER! ⚠️
$NIL/USDT is stuck in a sharp downtrend, now holding at $0.599, after a steep fall from the $0.72 zone. The 30m chart shows a clean bearish breakdown with weak recovery attempts, suggesting further downside potential.
Key Levels:
Resistance: $0.620 / $0.645
Support: $0.590 / $0.565
Current Price: $0.599
Trade Setup (Short):
Entry Price: $0.598 - $0.605
Take Profit (TP): $0.590 / $0.570
Stop Loss (SL): $0.622
Market Outlook: Momentum favors the bears as price keeps making lower highs and lower lows. Unless it reclaims $0.620+, any bounce could be a shorting opportunity.
Risk Management: Risk only 1-2% per trade. Use SL properly and avoid counter-trend trades in such bearish conditions.
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!
#VoteToListOnBinance
#WhaleMovements
#FidelityStablecoin
#GameStopBitcoinReserve
#Write2Earn
$NIL
CONTINUES TO SLIDE – BEARS GRIP TIGHTER! ⚠️
$NIL/USDT is stuck in a sharp downtrend, now holding at $0.599, after a steep fall from the $0.72 zone. The 30m chart shows a clean bearish breakdown with weak recovery attempts, suggesting further downside potential.
Key Levels:
Resistance: $0.620 / $0.645
Support: $0.590 / $0.565
Current Price: $0.599
Trade Setup (Short):
Entry Price: $0.598 - $0.605
Take Profit (TP): $0.590 / $0.570
Stop Loss (SL): $0.622
Market Outlook: Momentum favors the bears as price keeps making lower highs and lower lows. Unless it reclaims $0.620+, any bounce could be a shorting opportunity.
Risk Management: Risk only 1-2% per trade. Use SL properly and avoid counter-trend trades in such bearish conditions.
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!
#VoteToListOnBinance
#WhaleMovements
#FidelityStablecoin
#GameStopBitcoinReserve
#Write2Earn
$NIL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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