$HARD USDT Short Trade Setup!🔥💯
Analysis: The price is trending within a descending channel on the 30-minute chart, indicating bearish momentum. Current rejection near $0.1500 confirms resistance.
Entry: Place a short entry at $0.1485 after minor consolidation or rejection at resistance.
Take Profit (TP):
• TP1: $0.1450 (near the channel support)
• TP2: $0.1400 (potential continuation of bearish trend)
Stop Loss (SL): $0.1515 to limit risk if the price breaks above the descending channel.
Risk/Reward: Favorable R:R with clear trend confirmation. Secure partial profits at TP1 and trail SL to maximize gains.
Action Plan: Monitor price action at key levels and stay updated on volume and market sentiment for further adjustments.