$AUDIO
AUDIO
0.023
-3.76%
T BEARISH CONTINUATION SETUP
$AUDIT is showing signs of bearish pressure as the price remains below MA(25) and MA(99), indicating that sellers are in control. Recent rejection from resistance near 0.0386 and declining momentum suggests further downside potential. The MA(7) is below MA(25), confirming short-term weakness, while volume supports continuation of the downtrend.
Trade Setup:
Entry (Short): 0.0360 – 0.0365
Target 1 (TP1): 0.0353
Target 2 (TP2): 0.0345
Stop Loss (SL): 0.0375
Risk Management: Maintain a risk-to-reward ratio of at least 1:2. Avoid over-leveraging and reduce position size if volatility spikes.
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