Precise Short Trade Opportunity: $USUAL USDT!šŸ”„šŸ’Æ

Analysis Overview:

The price is trading within a defined downward price channel on the 30-minute timeframe. Current action suggests further downside momentum as resistance holds strong.

Entry:

Sell short at 1.2700 after confirming rejection near the upper channel trendline.

Take-Profit Levels:

ā€¢ TP1: 1.2550

ā€¢ TP2: 1.2400

Stop-Loss:

Place SL at 1.2900 above the channelā€™s resistance for risk management.

Rationale:

The market is exhibiting lower highs and lower lows, suggesting bearish continuation. Volume aligns with declining momentum, confirming the signalā€™s reliability.

Recommendation:

Secure partial profits at TP1 and trail the stop-loss to breakeven to lock in gains. Keep an eye on the channel for breakout signals.

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