đŸ”» $2Z Trade Setup – Bearish Breakdown in Play

I’m watching $2Z (DoubleZero) — the chart shows a clear downtrend continuation after failing to reclaim key support levels. The recent rejection from a lower high confirms strong bearish momentum, and price action inside a descending channel signals more downside ahead.

Here’s my trade plan:

Entry Zone: Below â‚č112

Targets:

1ïžâƒŁ â‚č98

2ïžâƒŁ â‚č88

3ïžâƒŁ â‚č77

Stop Loss: â‚č122

Why this setup works:

$2Z is consistently making lower highs and lower lows — classic downtrend behavior. The rejection near resistance and the fading volume on bounces confirm that buyers are weak. A break below â‚č112 opens clean space toward the next supports, giving a solid short opportunity with strong risk-to-reward potential.

I’m risking only 1–2% per trade, keeping stops tight and planning to trail after TP1 to secure profits. Structure is clean, momentum is bearish, and price action supports continuation — I’m staying on the short side until the trend shifts.

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