$HIGH/USDT BEARISH REVERSAL FROM INTRADAY PEAK — SELL PRESSURE RETURNS!
After hitting a sharp intraday spike near $0.7008, $HIGH/USDT faced an immediate rejection, forming a strong bearish engulfing candle on the 15-minute chart. The price has since dropped back near the $0.6368 zone, confirming profit-taking and a reversal signal. Momentum has cooled, and the bullish impulse was not sustained — indicating short-term downside risk.
Trade Setup:
Short Entry: $0.6380–$0.6420
Take Profit (TP): $0.6250 / $0.6100
Stop Loss (SL): $0.6530
Market Outlook:
Price failed to hold above the $0.67–$0.70 resistance zone. As volatility fades, sellers are likely to test lower supports. A break below $0.6300 could intensify bearish momentum.
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Take action before the next leg unfolds — setups like this don’t wait. Ride the wave with smart entries!
Command:
Trail your stop and watch the breakdown — precision wins the trade!
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