$FORM
USDT – BEARISH PULLBACK AFTER SHARP REJECTION
Price printed a strong impulsive move to the upside, followed by clear rejection from the upper supply zone. The recent large bearish candle confirms profit-taking and short-term weakness, suggesting a corrective pullback phase before the next decisive move. As long as price stays below the recent high, downside pressure is likely to continue toward key support.
Trade Setup (Short):
Entry range: 0.375 – 0.385
Target 1: 0.350
Target 2: 0.330
Target 3: 0.305
Stop Loss (SL): 0.405
Short Outlook of Market:
Momentum has shifted bearish in the short term. Expect continuation toward lower support zones unless buyers reclaim and hold above the rejection area. Caution advised around major support for potential bounce or consolidation.