🟩 Clear Position: SHORT (Confidence: 70%)
♻️ Recommended Leverage: 5x-10x
👉 Entry Zone: $2.18 - $2.20
🎯 Targets:
• T1: $2.10 (-4%)
• T2: $2.05 (-6%)
• T3: $2.00 (-8%)
• T4: $1.95 (-10%)
⛔ Stop Loss: $2.23
IF STOP LOSS TRIGGERS:
🔄 Reversal Strategy: Switch to LONG
• New Entry: $2.24
• New Targets:
• T1: $2.30 (+3%)
• T2: $2.35 (+6%)
• T3: $2.40 (+8%)
• T4: $2.43 (+10%)
• New Stop Loss: $2.20
Key Technical Points:
1. Bollinger Bands: Price is testing the lower band, signaling potential bearish continuation, but watch for consolidation near $2.18.
2. Volume: Low volatility and declining volume indicate possible breakout conditions ahead.
3. Moving Averages (EMA): The price is trading below the 50 EMA, confirming a bearish trend.
4. RSI: Nearing oversold levels but not diverging yet, further downside likely before reversal.
