$HFT USDT – SHARP REJECTION AFTER SPIKE! BEARISH MOMENTUM RETURNS
STRONG WICK ABOVE $0.1530 FOLLOWED BY IMMEDIATE SELL-OFF
MACD REMAINS BEARISH DESPITE BRIEF UPSIDE VOLATILITY
$HFT USDT experienced a sudden upward spike to $0.1530 but failed to sustain, closing with a strong bearish candle. The rejection suggests a bull trap, and the MACD is still trending down with no bullish crossover in sight.
SHORT Trade Setup
Entry: $0.1315
Target 1: $0.1230
Target 2: $0.1160
Stop Loss: $0.1360
As long as price stays below $0.1390, bears remain in control. Breakdown below $0.1280 could accelerate the downside move.