$HARD USDT Sell Setup!🔥💯
Analysis: 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 some minor consolidation or rejection at resistance.
Take Profit (TP):
• TP1: $0.1450 (near channel support)
• TP2: $0.1400 (possible continuation of the downtrend)
Stop Loss (SL): $0.1515 to limit risk if price breaks above the descending channel.
Risk/Reward: Favorable with clear trend confirmation. Lock in partial profits at TP1 and move SL to maximize profits.
Action Plan: Monitor price action at key levels and stay informed on volume and market sentiment to make further adjustments