Precise Short Trade Opportunity: $USUAL USDT!🔥💯
Analysis Overview:
The price is trading within a defined downward price channel on the 30-minute timeframe. Current action suggests further downside momentum as resistance holds strong.
Entry:
Sell short at 1.2700 after confirming rejection near the upper channel trendline.
Take-Profit Levels:
• TP1: 1.2550
• TP2: 1.2400
Stop-Loss:
Place SL at 1.2900 above the channel’s resistance for risk management.
Rationale:
The market is exhibiting lower highs and lower lows, suggesting bearish continuation. Volume aligns with declining momentum, confirming the signal’s reliability.
Recommendation:
Secure partial profits at TP1 and trail the stop-loss to breakeven to lock in gains. Keep an eye on the channel for breakout signals.