$ALT BEARISH PULLBACK AFTER SHARP RALLY! ⚠️📉
📉 Current Price: $0.03522
🔻 24h Change: -3.64%
📊 Trend: Cooling off after recent pump – short-term bearish
📌 KEY LEVELS TO WATCH:
🔽 Support 1: $0.03188 (🛡️ 24h low)
🔽 Support 2: $0.03000 (📍 Key structure zone)
🔼 Resistance 1: $0.03931 (📊 24h high)
🔼 Resistance 2: $0.04500 (⚔️ Previous rejection zone)
🔼 Major Resistance: $0.05000–$0.05500 (🚧 Strong overhead supply)
🎯 TRADE SETUP – SHORT ENTRY IDEA:
Entry Zone: $0.03650–$0.03800 (on weak bounce/retest)
Take Profit (TP):
TP1: $0.03300
TP2: $0.03050
TP3: $0.02800
Stop Loss (SL): $0.04020 (above 24h high + invalidation)
📉 Confirmation: Look for rejection candles and decreasing volume on 1h/4h near resistance.
🛡️ RISK MANAGEMENT:
🔹 Use a defined SL to prevent emotional exits
🔹 Risk max 2% per trade
🔹 Monitor for trend reversal – don’t overstay a short in a volatile altcoin!
#ALT #CryptoTrade #BearishSetup #ShortOpportunity #RiskFirst $ALT