Here’s a detailed trading post based on your provided EUR/USDT data:
$EUR USDT BEARISH PRESSURE SEEN, WATCH KEY SUPPORTS
The EUR/USDT pair is currently trading at 1.1724, showing slight downward pressure with a minimal 0.04% drop. The market has been testing the resistance zone around 1.1750 while holding above the immediate support at 1.1720. Key levels to watch are:
Resistance Levels: 1.1750, 1.1775, 1.1800
Support Levels: 1.1720, 1.1700, 1.1650
Given the current price action, the market shows signs of bearish momentum. Traders can consider a short setup:
Trade Setup (Short):
Entry: 1.1720 – 1.1730
Take Profit (TP): 1.1700, 1.1650
Stop Loss (SL): 1.1755
Alternatively, if the price breaks above 1.1755 with strong momentum, a reversal long setup could be considered:
Entry: Above 1.1760
Take Profit: 1.1800, 1.1830
Stop Loss: 1.1740
Remember, patience and discipline are key in trading. Always follow your risk management and do not chase the market. Every small step forward in analysis builds confidence and long-term success.
If you want, I can also create a concise, social-media-friendly version of this post with the same trading setup and positive guidance. It would be punchy and visually engaging. Do you want me to do that?$EUR #zahracrypto
