🚨$PTB Bearish Structure Still Dominates 📉
PTB is struggling to reclaim higher levels, while the 15M chart continues printing lower highs and lower lows. The structure is pointing toward another downside move.
After the sharp rejection from the 0.00125–0.00130 area, PTB has consistently failed to establish a meaningful bullish reversal. Each recovery has been met with selling pressure, creating a clear descending structure.
The current price around 0.0009914 is sitting near an important decision area. The recent bounce looks corrective rather than a confirmed trend reversal, especially while price remains underneath the descending trendline.
Trade Setup — SHORT
Entry: 0.00099 – 0.00101
TP1: 0.00096
TP2: 0.00093
TP3: 0.00090
SL: 0.00104
The key level to watch is 0.00100. If PTB gets rejected around this zone and sellers regain control, the next move could push toward the recent 0.0009331 low and potentially extend below it.
On the other hand, a strong breakout above the descending structure would weaken this short setup and indicate that buyers are beginning to take control.
PTB is at a critical point the next move could decide whether this downtrend extends further.
Follow me for more chart-based setups and trade ideas.
#ptbusdt #BearishSetup #BearishAlert
PTB is struggling to reclaim higher levels, while the 15M chart continues printing lower highs and lower lows. The structure is pointing toward another downside move.
After the sharp rejection from the 0.00125–0.00130 area, PTB has consistently failed to establish a meaningful bullish reversal. Each recovery has been met with selling pressure, creating a clear descending structure.
The current price around 0.0009914 is sitting near an important decision area. The recent bounce looks corrective rather than a confirmed trend reversal, especially while price remains underneath the descending trendline.
Trade Setup — SHORT
Entry: 0.00099 – 0.00101
TP1: 0.00096
TP2: 0.00093
TP3: 0.00090
SL: 0.00104
The key level to watch is 0.00100. If PTB gets rejected around this zone and sellers regain control, the next move could push toward the recent 0.0009331 low and potentially extend below it.
On the other hand, a strong breakout above the descending structure would weaken this short setup and indicate that buyers are beginning to take control.
PTB is at a critical point the next move could decide whether this downtrend extends further.
Follow me for more chart-based setups and trade ideas.
#ptbusdt #BearishSetup #BearishAlert
