🛑$DATA
DATA
0.00471
-8.36%
BEARISH SETUP: SELLING PRESSURE EMERGING
The $DATA chart shows a potential bearish reversal after failing to sustain above the 0.00600–0.00615 resistance zone. Price action is forming lower highs, with support levels at 0.00550 and 0.00500 under pressure. A breakdown below 0.00574 could trigger a continuation toward the lower support zones.
Entry: Short below 0.00570 confirmation.
Targets (TP):
TP1: 0.00550
TP2: 0.00525
TP3: 0.00500
Stop Loss (SL): Above 0.00615 swing high.
Risk Management: Apply a 1:2 risk-to-reward ratio, manage position size near support, and monitor for volatility spikes.