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Bull _Rider
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$GOATED /USDT BEARISH CORRECTION EXPECTED AFTER OVEREXTENDED RALLY $GOATED /USDT $162/155ch shows early signs of exhaustion following a strong upward move. The price has reached a major resistance zone, with multiple rejections indicating potential downside correction. Momentum indicators are cooling off, suggesting sellers may soon take control. Technical Outlook: Structure: Price forming lower highs near resistance area Momentum Indicators: RSI showing bearish divergence; MACD flattening after strong run Volume: Declining buying volume hints at weakening bullish pressure Entry (Short): Below support breakdown level after confirmation Targets (TP): $168 – First support zone $162 – Secondary target for deeper pullback $155 – Extended bearish target if momentum accelerates Stop Loss (SL): Above recent swing high resistance Risk Management: Limit exposure to 1–2% per trade; move stop-loss to breakeven after the first target to secure profits and minimize drawdown. #TechnicalAnalysis #PriceActionAnalysis #StockTrading #GoogleChart #PriceAction $GOATED
$GOATED /USDT BEARISH CORRECTION EXPECTED AFTER OVEREXTENDED RALLY
$GOATED /USDT $162/155ch shows early signs of exhaustion following a strong upward move. The price has reached a major resistance zone, with multiple rejections indicating potential downside correction. Momentum indicators are cooling off, suggesting sellers may soon take control.
Technical Outlook:
Structure: Price forming lower highs near resistance area
Momentum Indicators: RSI showing bearish divergence; MACD flattening after strong run
Volume: Declining buying volume hints at weakening bullish pressure
Entry (Short): Below support breakdown level after confirmation
Targets (TP):
$168 – First support zone
$162 – Secondary target for deeper pullback
$155 – Extended bearish target if momentum accelerates
Stop Loss (SL): Above recent swing high resistance
Risk Management:
Limit exposure to 1–2% per trade; move stop-loss to breakeven after the first target to secure profits and minimize drawdown.
#TechnicalAnalysis #PriceActionAnalysis #StockTrading #GoogleChart #PriceAction $GOATED
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