$BZ /USDT SHORT
Entry: $92.00 – $94.00
SL: $98.00
TP: $89.00 — $86.00 — $82.00
Why this setup?
- The asset has experienced a severe and rapid drop from the $112 level, indicating strong and sustained downward momentum.
- The price is currently trading below all key moving averages, technically confirming a broader bearish trend and a loss of buyer support.
- Selling pressure remains extremely heavy. The author notes that any relief bounce, particularly toward the $96 resistance level, should be viewed as a strategic opportunity to enter or add to a short position.
- The $98.00 stop loss is safely placed above the local resistance to strictly protect your capital if the bearish structure fails and buyers unexpectedly force a breakout higher.
Entry: $92.00 – $94.00
SL: $98.00
TP: $89.00 — $86.00 — $82.00
Why this setup?
- The asset has experienced a severe and rapid drop from the $112 level, indicating strong and sustained downward momentum.
- The price is currently trading below all key moving averages, technically confirming a broader bearish trend and a loss of buyer support.
- Selling pressure remains extremely heavy. The author notes that any relief bounce, particularly toward the $96 resistance level, should be viewed as a strategic opportunity to enter or add to a short position.
- The $98.00 stop loss is safely placed above the local resistance to strictly protect your capital if the bearish structure fails and buyers unexpectedly force a breakout higher.