STOP! 🛑 Don't catch the falling knife. $HIGH is down 9% and the charts are screaming 'Bearish.' Read this before you try to long this dip!join free signal chatroom👈
Go down 👇 $HIGH
The market is showing a strong bearish momentum for HIGH. After a significant drop, the price is struggling to reclaim previous support levels. We are looking for a continuation of the trend or a scalp entry.👇
📊 Trade Details:
Direction: SHORT (Sell) 🔴
Entry Zone: $0.283 - $0.295
Leverage: Isolated 10x - 20x (Use according to your risk)
🎯 Take Profit (TP) Targets:
$0.275 (Safe)
$0.268
$0.260
$0.250 (Moon Target)
🛡 Stop Loss (SL):
$0.315 (Close above recent resistance)
🔍 Technical Analysis:
Price Action: The asset has lost over 9.5% in a short duration, breaking below key psychological supports.
Volume: Significant selling volume is visible on the 15m and 1h charts.
Strategy: We are playing the breakdown. If the price retests the $0.29 area, it serves as a perfect "Sell the Rally" opportunity.