$S
USDT BEARISH SETUP: EXPECTING A DEEPER PULLBACK SOON
The current price action on $SUSDT is at 0.3110, indicating strong rejection from the immediate resistance zone. Price failed to break above 0.3176 - 0.3180 resistance, leading to a sharp reversal. The major support zone lies near 0.2860 - 0.2855, which aligns with previous demand levels.
🔻 Key Levels:
Resistance: 0.3176 – 0.3180
Support: 0.2860 – 0.2855
Current Price: 0.3110
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📊 Trade Setup (Short Entry):
Entry Zone: 0.3110 – 0.3127
Take Profit (TP): 0.2860 / 0.2855
Stop Loss (SL): 0.3178
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💡 Market Outlook: Market structure shows a clear bearish momentum after rejection from resistance. If sellers maintain pressure below 0.3127, expect a continuation towards the lower support levels. Volume weakness at highs supports this short bias.
⚠️ Risk Management: Always risk only 1-2% of your capital per trade. Wait for candle confirmations on lower timeframes before entering shorts to avoid false breakdown traps.
buy and trade here on $S
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