$PSG /USDT BEARISH BREAKDOWN BELOW SUPPORT
Current Price: $1.615
24h Change: -7.55%
KEY TECHNICAL LEVELS
🔹 Resistance Levels:
$1.66 – Recent breakdown zone
$1.78 – 24h high and major supply area
🔹 Support Levels:
$1.58 – 24h low, key level to watch
$1.50 – Psychological round number & historical support
MARKET OUTLOOK:
$PSG/USDT is showing clear bearish momentum, breaking below the $1.66 support which has now flipped into resistance. Lower highs and strong bearish candles suggest further downside is likely. Volume indicates consistent selling pressure.
TRADE SETUP – SHORT POSITION
Entry: $1.615 (current market price)
Targets (TP):
TP1: $1.58
TP2: $1.50
Stop Loss (SL): $1.67 (above resistance zone)
RISK MANAGEMENT
Risk only 1–2% of your capital per trade. Always use stop loss. Avoid revenge trading in volatile tokens like fan tokens.
Trade the trend, not your bias! #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #ETHBreaks3k #Write2Earn $PSG