BREAKOUT CONFIRMED: $GENIUS IS PRIMED FOR A MASSIVE CORRECTION
Trade Setup:
Entry Range: 0.5800 - 0.6100
Targets:
TP: 0.5200
TP: 0.4800
TP: 0.4600
Stop Loss: 0.6550
Why We Are Taking This Trade:
The price faced severe rejection near the 0.6920 peak where aggressive sellers overwhelmed the buyers. A strong downward trend has taken over the hourly chart, leading to multiple red candles pushing the price down to 0.5863. Over 372 million dollars in daily trading volume shows active distribution and profit-taking, indicating a highly reliable correction phase toward lower support floors.
Trade $GENIUS here 👇
GENIUSUSDT
Perp
0.5067
+12.17%
DYOR