Short Trade Signal alert ๐จ๐: $VIDT /USDT! ๐ฅ๐ฏ
๐จ Potential Downtrend Continuation ๐จ
Signal Details:
* Entry Zone: $0.03155 - $0.03185
* Stop Loss (SL): $0.03255 (above resistance) ๐ซ
* Take Profit (TP):
* TP1: $0.03050 โ
* TP2: $0.02985 โ
* TP3: $0.02855 โ
Reasoning:
* The price is trading within a descending channel, respecting lower highs and lows. ๐
* Rejection near the upper boundary of the trendline indicates further bearish momentum. โ
* 4.18% bounce appears corrective; continuation to the downside is likely. โฌ๏ธ
Trade Management Tips:
* Trail SL to breakeven once TP1 is hit. ๐ฏ
* Exit gradually at key levels. ๐ช