🚨 $HIGH /USDT – Bearish Pressure Intensifies! Key Levels to Monitor! 📉🔥
$HIGH faces selling momentum after closing below the session’s midpoint, with eyes on critical support zones. A breakdown could accelerate losses!
📊 Trade Setup:
• Entry: Sell near $0.623–$0.630 (Resistance Zone)
• TP1: $0.600 ✅ (Psychological Support)
• TP2: $0.580 🚨 (Next Demand Zone)
• Stop-Loss: Above $0.644 (Recent Swing High)
🔎 Why This Trade?
✅ Downtrend Confirmation: Price closed near lows with high volume, signaling bearish dominance.
✅ Breakdown Risk: Testing the $0.616 low; a close below opens the path to $0.600.
✅ Lower Targets: Clear downside trajectory toward $0.580 if momentum persists.
⚡ Pro Tips:
🔹 Confirm bearish closure below $0.616 before adding shorts.
🔹 Take partial profit at TP1 and trail stop-loss to reduce risk.
🔹 Watch for rejection at $0.640 to reinforce bearish bias.
🔥 Ready to navigate HIGH’s volatility?
Comment "HIGH ALERT" 🚨 if you’re tracking these levels!
(Note: Manage risk tightly – volatility is elevated!)