$COIN USDT SHORT TRADE SIGNAL🔥💥
Price faced rejection from the recent high and started forming lower highs, indicating weakness after a failed bullish continuation. The market shows a clear impulse down followed by a weak corrective pullback, suggesting sellers are still in control. Patience is key here—wait for price to react around resistance before entering.
Trade Setup (Short):
• Entry: 164.80 – 165.30
• TP1: 163.50
• TP2: 162.40
• TP3: 161.20
• SL: 166.50
Market Outlook:
Bias remains bearish as long as price stays below the recent lower high zone. Any strong reclaim above resistance will invalidate this setup and shift momentum.
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COINUSDT
Perp
144.53
-5.61%