Trade Signal Alert: $CITY USDT – Short Opportunity!🔥💯
Current Price: $1.805
Trend: Downtrend within a descending channel.
Signal Details
Entry: $1.800 (near resistance trendline).
Take Profit (TP):
• TP1: $1.750
• TP2: $1.700
Stop Loss (SL): $1.840 (above channel breakout).
Analysis
• Price is testing the upper trendline resistance of a descending channel.
• Momentum shows rejection near resistance, favoring continuation of the downtrend.
• Strong risk-reward ratio with controlled SL.
Action:
• Set your position size accordingly to minimize risk.
• Trail your SL below $1.760 once TP1 is achieved.