$COIN USDT SHORT TRADE SIGNALđŸ”„đŸ’„

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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COIN
COINUSDT
160.73
-5.30%