$THE USDT Short Trade Signal 🔥💯
Market Overview:
The price is trending within a downward channel, indicating strong bearish momentum. A short position provides an opportunity for profit as the price approaches lower channel boundaries.
Trade Setup:
• Entry Point: $1.1650 (on confirmation of resistance rejection)
• Take Profit (TP):
• TP1: $1.1400 (conservative target)
• TP2: $1.1200 (extended target)
• Stop Loss (SL): $1.1850 (above the upper channel trendline)
Risk Management:
Position sizing should not exceed 2% of your capital. Adjust SL to breakeven after hitting TP1.
Key Insight:
Monitor for a breakout below $1.1600 for additional confirmation of the bearish trend. Manage your risk and keep an eye on overall market sentiment.