The pair $PARTI /USDT shows a bearish trend on the daily timeframe, with the price trading well below the main moving averages on the one-hour chart, reflecting strong selling pressure in the market. The one-hour Relative Strength Index (RSI) is in the oversold area at 33, confirming that the bearish momentum is strong and persistent.
Sell Signal:
Entering a sell trade is set up if the Relative Strength Index (RSI) on the 15-minute timeframe remains below 50, confirming the resumption of bearish momentum. This is the right signal for traders to catch the next bearish wave before any potential rebound.
Trade Settings (Sell):
Entry Point: 0.097737 - 0.098382
Targets:
First Target: 0.096125
Second Target: 0.09548
Third Target: 0.09419
Stop Loss: 0.099995
📌 Note:
It is important to closely monitor the RSI during the upcoming period, as its continued movement below 50 will confirm the continuation of the bearish trend. Maintain risk management wisely when entering the trade.
PARTIUSDT
Perp
0.09886
-3.08%