šØ Bearish Breakdown Alert: #ARBUSDT Short Opportunity!šØ
š Why BEARISH?
1. Downtrend Acceleration:
- Price trading BELOW Middle Bollinger Band (0.3547) ā Downtrend structure intact.
- MACD histogram barely positive (0.0003) in negative territory ā Bullish momentum nonexistent.
2. Weak Volume & Distribution:
- Volume (1.64M) < MA(5)/MA(10) ā No buyer conviction.
- OBV missing but RSI(6) at 43.96 (bearish zone) ā Sellers dominate.
3. Liquidation Catalyst:
- Price rejected at 24h High (0.3451) ā Trapped longs below key resistance.
4. Breakdown Confirmation:
- RSI(6) < 45 ā Bearish momentum strengthening.
- Lower Bollinger Band (0.3052) as magnet for price.
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#### šÆ Trade Setup
- Entry: 0.3400 - 0.3410 (Breakdown retest zone).
- Stop Loss: 0.3460 (Above 24h High + 0.3% buffer).
- Targets:
- TP1: 0.3300 (24h Low, 3:1 R/R).
-TP2: 0.3050 (Lower Bollinger Band).
- Exit if:
- MACD crosses above zero OR price reclaims Middle BB (0.3547).
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#### ā ļø Key Risks
- Low float token ā Sharp pumps possible (use strict SL).
- No OBV data ā Confirm volume surge on breakdown.