$PEAQ Price faced a sharp rejection from the local top and momentum is now shifting in favor of sellers

PEAQ USDT Short

Trade Plan

Entry

$0.0200 to $0.0206

Stop Loss

$0.0229

Take Profit 1

$0.0190

Take Profit 2

$0.0182

Take Profit 3

$0.0173

PEAQ printed a strong impulsive move followed by an immediate rejection near the $0.023 area. After the spike, price is forming lower highs and losing bullish momentum on the lower timeframes. The $0.020 zone is acting as a weak support and a breakdown from here can trigger further downside toward the previous demand area.

Buy and Trade $PEAQ

PEAQ

Alpha

0.020104

+12.08%

PEAQ

Alpha

0.016513

-2.08%