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$PTB has lost the key support level, with increased selling volume breaking through the downward space.
Go short now $PTB
Entry: 0.001615 – 0.001640
Stop loss: 0.001655
First target: 0.001580
Second target: 0.001460
Third target: 0.001290
After a brief rebound, the price failed to hold its gains and was accompanied by significant selling volume that broke through the lower Bollinger Band support. This indicates that bears are not only in control but are actively pushing the market downward. The death cross on the MACD and the outflow of capital both confirm this downward momentum. As long as the rebound cannot break through the resistance of the moving averages above, the downtrend is likely to deepen.
Trade $PTB here 👇