After a clear rejection from the local top and breakdown of short term structure, AIXBT is showing bearish continuation with sellers stepping in
Entry $0.0245 to $0.0255
Stop Loss $0.0275
Take Profit 1 $0.0230
Take Profit 2 $0.0215
Take Profit 3 $0.0200
Why this setup
Rejection from resistance with long upper wicks
Lower highs forming after the peak
Bearish momentum candles confirming weakness
Breakdown of short term support
Buy and Trade $AIXBT
AIXBTUSDT
Perp
0.02802
+2.00%