$NOT /USDT - Short Trade Opportunity š„šÆ
Analysis:
The price is trending within a descending channel, showing strong bearish momentum. A recent rejection at the upper trendline indicates further downside potential.
Trade Plan:
1ļøā£ Entry Point: $0.005950 (current level near resistance).
2ļøā£ Stop-Loss (SL): $0.006200 (above the descending channel).
3ļøā£ Take Profit 1 (TP1): $0.005800 (near recent support).
4ļøā£ Take Profit 2 (TP2): $0.005600 (lower channel boundary).
Risk-Reward Ratio: Favorable 1:3.
Recommendation:
ā¢ Place partial profits at TP1.
ā¢ Move SL to entry after hitting TP1 for a risk-free trade.
š Stay patient, and let the market confirm the move!
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