#StopLossStrategies under heavy selling pressure after failing to hold above $2.10. The price has consistently formed lower highs, indicating strong bearish momentum. The recent drop below $2.08 confirms weakness in the short term. With little significant support nearby, the market appears poised for further declines. Bears are now in full control.
Trade Setup:
Entry: 2.0810–2.0880
Target 1: 2.0450
Target 2: 2.0120
Final Target: 1.9820
Stop Loss: 2.1225
If it breaks above $2.07, expect a rush towards $2.00. Use risk management wisely and follow stop points to effectively capitalize on the drop.