Trade Setup: $USUAL /USDT (Short)!🔥💯
Market Overview:
USUAL/USDT has broken a significant support zone at $1.35, signaling bearish momentum. With weak recovery attempts, the market structure favors a short position.
Entry Point:
Sell at $1.34 (current price).
Targets:
• TP1: $1.31
• TP2: $1.28
Stop Loss:
Place SL above the broken support at $1.37.
Risk Management:
Risk-to-reward ratio: 1:2.5. Manage your position size carefully to avoid over-leveraging.
Technical View:
The rejection from $1.45 indicates strong selling pressure. A clean breakdown below $1.35 confirms bearish bias, supported by volume and trend strength.
Action:
Monitor price action near $1.31 for potential exits or re-entry opportunities if bearish momentum continues.