đš The 4âhour $USDC chart is flirting with a classic bearish reversal zone, and the price is already testing the upper edge of the 0.99806â1.0021 range. â SHORT setup.
All lower timeframes confirm the pressure: 1âhour and 15âminute trends are down, momentum stalls, and RSI at 47.9 hints the bears are still in control. With the 1.0002 resistance acting as a firm barrier, a short entry looks clean.
Entry: 0.99806 - 1.0021
TP1: 0.99506
TP2: 0.99106
TP3: 0.98706
SL: 1.0002
Will the price respect the 1.0002 ceiling long enough to hit the first target?
All lower timeframes confirm the pressure: 1âhour and 15âminute trends are down, momentum stalls, and RSI at 47.9 hints the bears are still in control. With the 1.0002 resistance acting as a firm barrier, a short entry looks clean.
Entry: 0.99806 - 1.0021
TP1: 0.99506
TP2: 0.99106
TP3: 0.98706
SL: 1.0002
Will the price respect the 1.0002 ceiling long enough to hit the first target?