๐Ÿ”ป $DATAIP/USDT โ€” BEARISH MOMENTUM CONTINUES?
๐Ÿ“‰ $DATAIP is showing strong selling pressure on the 1H chart, with price trading below EMA20 and EMA200. Both daily and weekly structures also remain bearish.
๐Ÿ”ด TRADE DIRECTION: SHORT
๐Ÿ“ SHORT ENTRY ZONE:
$0.1627 โ€“ $0.1684
๐ŸŽฏ TAKE-PROFIT TARGETS
๐Ÿฅ‡ TP1: $0.1477
๐Ÿฅˆ TP2: $0.1400
๐Ÿ›‘ INVALIDATION: 1H candle close above $0.1777
๐Ÿ“Š WHY WATCH THIS SETUP?
Price is trading below EMA20 and EMA200.
RSI is around 17.7, indicating deeply oversold conditions.
Bearish FVGs and order blocks may act as resistance.
Daily and weekly trends align with the bearish bias.
โš ๏ธ BTC is showing bullishness, so this trade carries additional counter-market risk.
๐ŸŽฏ ENTRY CONFIRMATION: Wait for a retracement into $0.1627โ€“$0.1684 and a clear bearish rejection. Avoid chasing the price after a sharp drop.
๐Ÿ”ฅ THE PLAN: Retracement โ†’ bearish rejection โ†’ TP1 โ†’ TP2.
โš ๏ธ RSI is deeply oversold, so a sharp bounce is possible. The setup is invalidated if the 1H candle closes above $0.1777. Manage risk and DYOR.
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