#StopLossStrategies

Under heavy selling pressure after failing to stay above $2.10. The price has consistently formed lower highs, indicating strong bearish momentum. The recent drop below $2.08 confirms short-term weakness. With no significant support nearby, the market seems poised for further declines. Bears are completely in control now.

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 exceeds $2.07, expect acceleration towards $2.00. Use risk management wisely and monitor stop points to effectively capitalize on the drop.