📢 $MELANIA / USDT | 🔴 SHORT | ⭐ 70%
🎯 Target: $0.06117612. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.0628
🛑 Stop Loss: $0.063702
🏁 TP1: $0.061176
🏁 TP2: $0.060274
🏁 TP3: $0.059191
📈 Analysis:
The market structure shows a clear downtrend, with lower highs and lower lows forming on the 4-hour timeframe. Selling pressure is supported by a confirmed bearish breakout and trading volume above average, indicating active interest in this move. With volatility expanding, sellers remain in control as the price seeks to continue its current trajectory.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price moves through a previous support level, confirming that the selling trend remains in effect.
#crypto #MELANIA #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
🎯 Target: $0.06117612. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.0628
🛑 Stop Loss: $0.063702
🏁 TP1: $0.061176
🏁 TP2: $0.060274
🏁 TP3: $0.059191
📈 Analysis:
The market structure shows a clear downtrend, with lower highs and lower lows forming on the 4-hour timeframe. Selling pressure is supported by a confirmed bearish breakout and trading volume above average, indicating active interest in this move. With volatility expanding, sellers remain in control as the price seeks to continue its current trajectory.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price moves through a previous support level, confirming that the selling trend remains in effect.
#crypto #MELANIA #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
