Potential Short Opportunity: $1000CAT /USDT!šÆš„
Analysis: The price action shows a descending channel, with the current price trading at $0.04075. A continuation of the bearish trend could lead to a breakdown below support.
ā¢ Entry Zone: $0.04050 - $0.04060
ā¢ Take Profit (TP):
1. TP1: $0.03980
2. TP2: $0.03900
ā¢ Stop Loss (SL): $0.04130
Risk/Reward Ratio: Favorable setup with tight SL and multiple profit targets. Watch for a break below $0.04050 for confirmation.
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