🚨 $0G | BREAKDOWN SETUP 🔴
After breaking the ascending trend line and stabilizing below the main moving averages, $0G faces negative pressure on the 15-minute timeframe, supporting the continuation of the bearish wave.
🔴 Watch zone:
0.1590$– 0.1610$
🎯 Targets:
TP1: 0.1552$
TP2: 0.1537$
TP3: 0.1522$
🛑 Invalidate the scenario (stop loss):
0.1630$ (a return and closing above the broken trend line and moving averages)
📌 Scenario:
We wait for a short retest toward the breakout area and resistance at 0.1590$– 0.1610$ for the price to reject there, followed by the continuation of the downward move gradually toward the specified support targets.
⚠️ Note:
Even though there is a temporary bullish push in momentum, trading below the broken trend line keeps the bearish scenario as the preferred one unless 0.1630$ is broken.
After breaking the ascending trend line and stabilizing below the main moving averages, $0G faces negative pressure on the 15-minute timeframe, supporting the continuation of the bearish wave.
🔴 Watch zone:
0.1590$– 0.1610$
🎯 Targets:
TP1: 0.1552$
TP2: 0.1537$
TP3: 0.1522$
🛑 Invalidate the scenario (stop loss):
0.1630$ (a return and closing above the broken trend line and moving averages)
📌 Scenario:
We wait for a short retest toward the breakout area and resistance at 0.1590$– 0.1610$ for the price to reject there, followed by the continuation of the downward move gradually toward the specified support targets.
⚠️ Note:
Even though there is a temporary bullish push in momentum, trading below the broken trend line keeps the bearish scenario as the preferred one unless 0.1630$ is broken.
