$ALT /USDT โ BEARISH BREAKDOWN IMMINENT ๐ป
๐ CURRENT PRICE: $0.03530
The price has sharply declined by -5.97% in the last 24H, showing significant weakness in bullish momentum.
๐ KEY LEVELS:
๐ Resistance Zones:
$0.04096 (24H High)
$0.04500 โ Major resistance from previous swing high
$0.05500 โ Key structural level to flip trend bullish
๐ Support Zones:
$0.03518 โ Current support holding, very fragile
$0.02900 โ Next major demand zone
$0.02500 โ Psychological and historical support
๐ฃ TRADE SETUP โ SHORT ENTRY
๐ธ Entry: $0.03500 (on breakdown confirmation)
๐ธ Take Profits (TP):
TP1: $0.02900
TP2: $0.02500
๐ธ Stop Loss (SL): $0.03720 (above minor resistance)
๐ง Risk-Reward: ~1:2.5
๐ Ideal for momentum traders aiming for continuation of downtrend.
โ ๏ธ RISK MANAGEMENT:
โ Risk only 1-2% of your capital per trade
โ Stick to SL; avoid revenge trading
โ Secure partial profits at TP1 to de-risk the position
๐จ Bearish confirmation needed on higher timeframes (1H/4H) before entering!
๐ผ Stay sharp. Trade smart. ๐ผ
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