technicalsell

$HOOK /USDT BEARISH SHORT SETUP

$HOOK is trading below both MA(7) and MA(25), indicating a clear loss of momentum. MA(99) is acting as last support, but RSI(6) at 29 suggests sellers still dominate with weak buying interest. Lower highs combined with repeated support tests hint at a potential breakdown ahead.

ENTRY (SHORT): On weak bounce toward MA(7)

TP1: Previous support zone
TP2: Extended breakdown target below recent low

SL: Above MA(25) to protect against a reversal spike

Use strict position sizing and avoid averaging into losing trades to maintain long-term capital stability.

#Downtrend #ShortSignal #PriceRejection #TechnicalSell #RiskManagement $HOOK

$MORPHO /USDT BEARISH DOWNTREND CONTINUES AS SUPPORT LEVELS CRUMBLE

$MORPHO /USDT has extended its decline with a -6.59% drop in the last 24 hours, confirming sustained bearish momentum. Price has broken below key horizontal support and is now trading within a descending channel, indicating further downside risk.

MACD remains deeply bearish, and EMA lines are diverging to the downside. Volume spikes on red candles suggest strong seller dominance. No signs of reversal yet, making short positions more favorable.

SHORT ENTRY below 1.770 on breakdown
TP1: 1.640
TP2: 1.520
SL: 1.860

RISK MANAGEMENT: Limit risk to 1-2% per trade. Stick to SL and monitor for potential bullish divergences. Avoid averaging into losing trades.

#BearishTrend #AltcoinAnalysis #CryptoMarkets #MorphoToken #TechnicalSell
$MORPHO