$USUAL /USDT BEARISH TREND ANALYSIS 📉
Key Levels:
- Current Price: $0.6563
- Resistance Levels: $0.6800, $0.6700
- Support Levels: $0.6500, $0.6400
Trade Setup:
- Entry: Short at $0.6563
- Take Profit (TP):
- TP1: $0.6500
- TP2: $0.6400
- Stop Loss (SL): $0.6700
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking to short $USUAL/USDT due to the recent bearish breakout below the support level at $0.6600. The price action indicates a continuation of the downtrend, with potential targets at $0.6500 and $0.6400. The stop loss is set above the resistance level to minimize risk. 📉💸
Happy Trading! 📉💸
If you need any adjustments or have more requests, feel free to ask 😊