$INX
USDT BEARISH REVERSAL SIGNAL - SHORT SETUP
Price action is currently facing strong overhead resistance near the MA(99) level, indicating that the broader trend is still under bearish pressure despite short-term bullish momentum. MA(7) and MA(25) support a temporary recovery, but price rejection zones suggest weakness at higher levels and potential continuation of downside movement.
Short Entry Zone: 0.01810 - 0.01860
Take Profit 1: 0.01520
Take Profit 2: 0.01360
Take Profit 3: 0.01240
Stop Loss: 0.01890
If price fails to break and hold above MA(99), bearish continuation is expected with momentum shifting back toward lower liquidity zones. Confirmation required on rejection candle near resistance before entry.
Risk Management: Only risk 1-2% per trade and avoid over-leveraging during high volatility conditions.
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