Why this setup? Entry is armed with a tight stop. RSI is neutral, coiled for a move. The 1D bearish trend is the setup; the 4H long is the counter-punch. TP1 at 68.8K is the first test.
Debate: Is this the reversal pivot, or just a dead cat bounce before the daily trend resumes?
Entry: 0.00007310 – 0.00007360 TP: 0.00007003 / 0.00006880 SL: 0.00007475 {spot}(1MBABYDOGEUSDT) $1MBABYDOGE has broken below its rising channel, confirming early bearish pressure on the 15m chart. If this breakdown continues, price may slide toward the next support zone, so sellers have the short-term advantage here.
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