📉 Trading Recommendation - Short Position on THEUSDT
🔸 Entry Price: Between 0.2590 – 0.2620
🔸 Targets:
First Target: 0.2500
Second Target: 0.2435
Third Target: 0.2360
🔸 Stop Loss: 0.2670
🔸 Risk Ratio: 1:2 or higher
🔸 Time Frame: 1 Hour
🔸 Technical Indicators:
RSI in overbought condition (88.5)
Stochastic RSI at 100
Price has broken the upper limit of the Bollinger Band
Potential reversal after a sharp and sudden bullish candle