Short Trade Signal: $VIDT /USDT!🔥💯
🚨 Heading: Potential Downtrend Continuation 🚨
Signal Details:
1. Entry Zone: $0.03150 - $0.03180
2. Stop Loss (SL): $0.03250 (above resistance)
3. Take Profit (TP):
• TP1: $0.03050
• TP2: $0.02980
• TP3: $0.02850
Reasoning:
• The price is trading within a descending channel, respecting lower highs and lows.
• Rejection near the upper boundary of the trendline indicates further bearish momentum.
• 4.16% bounce appears corrective; continuation to the downside is likely.
Trade Management Tips:
• Trail SL to breakeven once TP1 is hit.
• Exit gradually at key levels.