Trade Signal: Short Trade for $USUAL /USDT

Entry Price: $1.2580

Take Profit (TP):

TP1: $1.2200

TP2: $1.1800

Stop Loss (SL): $1.2900

Analysis:

1. Bearish Trend: Price is within a descending channel, signaling continued bearish movement.

2. Weakening Momentum: The declining highs suggest reduced bullish momentum.

3. Resistance: Strong resistance exists near the $1.3000 level.

4. Breakdown Point: A breakdown below $1.2600 signals further downside potential.

Trade Strategy:

1. Enter the trade at or near $1.2580 after a retest or continuation.

2. Set the stop loss above the $1.2900 resistance to minimize risk.

3. Target TP1 at $1.2200 and TP2 at $1.1800 for the best profit potential.

Risk-Reward Ratio: Positive, with a favorable setup for good risk management.

Disclaimer: Ensure to implement proper risk management based on your portfolio's risk tolerance. Always conduct your own analysis before making trades.

Let me know if you need any further adjustments or insights on this strategy!

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