$TRADOOR / USDT — Bearish Continuation Explained Simply 🐻
On the 4H chart, $TRADOOR remains in a clear downtrend, trading below its key moving averages, which tells us sellers still control the market.
On the 1H timeframe, price has bounced up into that resistance area, but instead of breaking through, it’s starting to stall. This kind of move often creates a good shorting opportunity, as rallies into resistance tend to fail in a broader downtrend.
The confirmation comes when price drops back below the 1H EMA50 and the 15-minute RSI falls under 50. That combination signals the bounce has run out of momentum and sellers are stepping back in.
Trade plan in simple terms:
• Short entry: around 1.198096 – 1.210968
• Downside targets:
• First move toward 1.165917
• Next support near 1.153046
• Deeper continuation toward 1.127303
• Invalidation: above 1.243146
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