Trade Alert: Short Opportunity on $1MBABYDOGE/USDT
Entry Zone: $0.003580 - $0.003600
Target Profit (TP):
TP1: $0.003500
TP2: $0.003420
Stop Loss (SL): $0.003640
Analysis:
The price shows consistent downward momentum, with rejection near the $0.004000 resistance level. A break below $0.003580 could confirm the continuation of the bearish trend.
Risk Management:
Use a strict stop-loss at $0.003640 to limit potential losses.
Consider taking partial profits at TP1 to reduce exposure.
Outlook:
Monitor for volume confirmation to validate the move and ensure the trade aligns with broader market conditions. Be prepared for short-term volatility and adjust positions as needed.
#BTCNextMove #ElSalvadorBTCReserve #MarketPullback $1MBABYDOGE