Short Trading Signal: $CITY /USDT!💯🔥
Market Outlook: $CITY /USDT is showing clear downward momentum, with consistent lower lows and a breach of key support levels. Bearish pressure dominates the market.
Trade Setup:
• Entry: $1.830 (upon confirmation of a break below this level)
• Stop-Loss (SL): $1.875 (above recent resistance)
• Take-Profit (TP):
• Target 1: $1.790
• Target 2: $1.750
Analysis: Weak trading volume and consecutive red candles suggest bearish continuation. Monitor closely for any signs of reversal or sudden spikes in volume.
Risk Management: Use 1-2% of your portfolio for this trade to minimize exposure. Adjust the stop-loss to breakeven if Target 1 is hit.
Stay disciplined and execute based on your plan!
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