Mark my words, this is a textbook breakdown in progress. Observe the relentless downward pressure; we have repeated rejections from the key moving averages, which are acting as firm resistance. The momentum is clearly with the sellers. Notice the dying volume on every pathetic attempt to rally – a classic sign of bullish exhaustion. Conversely, the selling pressure is confirmed with significant volume, indicating strong conviction to the downside. The structure is clean, and the path of least resistance is lower. Enter with discipline; the trend is your only friend here.
For clear execution:
Entry: 0.0925
Target 1: 0.0815
Target 2: 0.0750
Target 3: 0.0680
SL: 0.1010
USELESSUSDT
Perp
0.0927
-9.64%
VANAUSDT
Perp
2.8
-0.14%