$HFT

Contract:
HFTUSDT Perpetual

Current Price:
$0.02993

Market Outlook:
Moderate Short

Note:
This is my personal market observation based on the available chart. It may be correct or incorrect. Always do your own research and use proper risk management.

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Trade Setup

Market Bias:
Moderately Bearish

Short Setup

Entry:
$0.03000 – $0.03060

Condition:
Enter after bearish candle confirmation below the EMA cluster or on a failed retest of $0.0306.

Stop Loss:
$0.03190

Take Profit:
TP1: $0.02900
TP2: $0.02780
TP3: $0.02620

Leverage:
3x–5x

Risk/Reward:
1:2.3 (approx.)

Confidence Level:
64%

Risk:
Medium

Key Levels:
Support: $0.02900, $0.02780, $0.02620
Resistance: $0.03060, $0.03120, $0.03200
Invalidation: Strong 1H candle close above $0.03190
Breakdown Trigger: Sustained move below $0.02900

Trade:
$HFT

Why this setup?

Price is trading below the short-term EMA (7), showing weakening momentum.

RSI is near the mid-zone and tilting lower, not oversold yet.

Recent candles show rejection around the Bollinger middle band.

Volume has declined after the rally, suggesting bullish momentum is fading.

The Supertrend level remains close enough that a confirmed breakdown would strengthen the bearish case.

Note:
Trade with discipline. Use proper risk management and always do your own research before entering any trade.