$1000CAT /USDT BEARISH BREAKDOWN:
Future traders alert⚠️
Sell now💥
Key Levels:
- Resistance: $0.03500
- Support: $0.03200
- Current Price: $0.03225
Trade Setup:
- Entry: Short at $0.03200
- Target 1 (TP1): $0.03100
- Target 2 (TP2): $0.03000
- Stop Loss (SL): $0.03300
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of total portfolio
Summary:
We are looking for a short trade due to the recent breakdown below the support level at $0.03200. The price has shown a bearish trend with lower highs and lower lows, indicating further downside potential. The targets are set at $0.03100 and $0.03000, with a stop loss at $0.03300 to manage risk effectively. 📉
Happy Trading! 📊