$API3
API3
0.3654
+3.19%
USDT BEARISH REVERSAL SETUP SIGNALING DOWNSIDE MOVE
The price action shows rejection from the upper resistance zone, forming lower highs on shorter timeframes, indicating weakening bullish momentum. The structure suggests a potential shift in control towards sellers as price struggles to sustain above key levels.
A breakdown below the immediate support confirms bearish continuation, supported by increasing sell-side pressure and fading buying volume.
SHORT ENTRY: Breakdown and retest below support zone
TP1: 0.3800
TP2: 0.3600
TP3: 0.3400
SL: Above 0.4050 resistance level
RISK MANAGEMENT: Limit risk to 1-2% per trade, maintain disciplined stop loss, and avoid chasing entries without confirmation.