$PFE USDT — BEARISH CONTINUATION SIGNAL
Direction: SHORT
Timeframe: 15M
Current Price: $29.37
EP (Entry Price): $29.37 – $29.39
TP1: $29.35
TP2: $29.34
TP3: $29.32
SL (Stop Loss): $29.43
Market Structure & Technical Analysis:
$PFEUSDT$ is showing bearish market structure after a sharp rejection from the $29.46–$29.47 resistance zone. Sellers have taken control, pushing price toward the $29.34 support area. The current sideways movement suggests consolidation following the initial selling pressure rather than a confirmed bullish reversal.
Momentum remains tilted toward sellers, while repeated resistance around $29.39–$29.40 is limiting recovery attempts. A decisive 15-minute candle close below $29.34 would strengthen bearish continuation and expose lower liquidity around $29.32.
Trade Confirmation: A rejection from $29.38–$29.40 or a confirmed breakdown below $29.34 supports the short setup. Avoid chasing if price reclaims $29.40.
$PFE USDT
#HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds
Direction: SHORT
Timeframe: 15M
Current Price: $29.37
EP (Entry Price): $29.37 – $29.39
TP1: $29.35
TP2: $29.34
TP3: $29.32
SL (Stop Loss): $29.43
Market Structure & Technical Analysis:
$PFEUSDT$ is showing bearish market structure after a sharp rejection from the $29.46–$29.47 resistance zone. Sellers have taken control, pushing price toward the $29.34 support area. The current sideways movement suggests consolidation following the initial selling pressure rather than a confirmed bullish reversal.
Momentum remains tilted toward sellers, while repeated resistance around $29.39–$29.40 is limiting recovery attempts. A decisive 15-minute candle close below $29.34 would strengthen bearish continuation and expose lower liquidity around $29.32.
Trade Confirmation: A rejection from $29.38–$29.40 or a confirmed breakdown below $29.34 supports the short setup. Avoid chasing if price reclaims $29.40.
$PFE USDT
#HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds
