BEARISH SETUP FORMING ⚠️🔻
$ is currently trading at $0.02407 (+1.78%), but struggling to break above key resistance — indicating potential downside pressure ahead. 📉
🔍 TECHNICAL SNAPSHOT:
📊 Current Price: $0.02407
🔼 Resistance Levels:
• $0.02450 – Immediate resistance
• $0.02500 – Strong selling zone
🔽 Support Levels:
• $0.02350 – First support
• $0.02300 – Key breakdown level
📉 MARKET STRUCTURE:
Price is hovering near resistance and losing momentum after the recent bounce. A break below $0.02350 could trigger further downside.
🔻 TRADE SETUP – SHORT POSITION:
Entry: $0.02400 – $0.02420
Target 1: $0.02350
Target 2: $0.02300
Stop Loss: $0.02480
🎯 RISK MANAGEMENT:
Risk only 1–2% of your capital. Stick to your SL, avoid overexposure, and secure profits at targets. Stay sharp, trade smart! 🛡️📊