$ALT /USDT BEARISH BREAKDOWN š» | SHORT SETUP IN PLAY
š Current Price: $0.03566 (-5.36%)
š $ALT has broken down from recent support and is trading near local lows, signaling bearish momentum.
š Key Levels to Watch:
š¹ Resistance:
$0.04000 ā Major resistance from previous rejection zone
$0.03820 ā Minor resistance / supply zone
š¹ Support:
$0.03530 ā Immediate support (currently being tested)
$0.03300 ā Next strong demand zone
šÆ Trade Setup (SHORT):
š» Entry: $0.03550 - $0.03600
šÆ Targets:
TP1: $0.03420
TP2: $0.03300
TP3: $0.03150
š Stop Loss: $0.03750 (Above recent minor resistance)
ā ļø Risk Management:
š° Use 2-3% of your capital per trade
š Maintain Risk-Reward Ratio of at least 1:2
š§ Stick to your stop loss ā discipline = profit
š Trend is your friend ā Ride the wave š»
#ALT #CryptoTrading #BearishSetup #ShortTrade #TechnicalAnalysis $ALT