📢 $API3 / USDT | 🔴 SHORT | ⭐ 73%
🎯 Target: $0.2644. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.268
🛑 Stop Loss: $0.27
🏁 TP1: $0.2644
🏁 TP2: $0.2624
🏁 TP3: $0.26
📈 Analysis:
The market structure shows a clear downtrend, confirmed by lower lows and lower highs on the 4-hour time frame. A bearish break below support at 0.27 is observed, accompanied by a notable 88% increase in trading volume. Selling pressure remains present as the price seeks to continue its move below previous support levels.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price crosses an important technical level, such as support, indicating a possible continuation of the current trend with greater strength.
#crypto #API3 #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.2644. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.268
🛑 Stop Loss: $0.27
🏁 TP1: $0.2644
🏁 TP2: $0.2624
🏁 TP3: $0.26
📈 Analysis:
The market structure shows a clear downtrend, confirmed by lower lows and lower highs on the 4-hour time frame. A bearish break below support at 0.27 is observed, accompanied by a notable 88% increase in trading volume. Selling pressure remains present as the price seeks to continue its move below previous support levels.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price crosses an important technical level, such as support, indicating a possible continuation of the current trend with greater strength.
#crypto #API3 #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
