$MON USDT BEARISH BREAKDOWN – FURTHER DOWNSIDE LIKELY
$MOVEUSDT is showing a strong bearish structure after a decisive breakdown from its previous consolidation range. Price action has formed consistent lower highs and lower lows, confirming a dominant downtrend on the intraday structure. Momentum remains weak, and selling pressure continues to outweigh buying interest.
The breakdown below key support has flipped the structure decisively bearish, and any short-term pullbacks are likely to act as distribution zones rather than reversal signals. Volume behavior suggests continuation rather than exhaustion.
SHORT SETUP
Entry: On pullback toward the broken support turned resistance zone
Stop Loss: Above the most recent lower high
Targets:
TP1: Previous swing low support
TP2: Next key demand zone below
TP3: Extended support level if bearish momentum accelerates
As long as price remains below the broken structure resistance, the bias stays bearish. Any failure to reclaim that level strengthens continuation probability.
Risk Management: Risk no more than 1–2% of total capital per trade. Always wait for confirmation on lower timeframes before entering and avoid chasing impulsive moves.
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