💰 $H CONTINUATION BREAKDOWN


🔽 SHORT
✳️ ENTRY: 0.6730 – 0.7100 – 0.74600
🎯 TARGETS: 0.6500, 0.6100, 0.5700, 0.5200, 0.4000, 0.300, 0.2000
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 0.7600
#Humanity has started showing signs of weakness after a strong impulsive rally toward the 0.80–0.86 resistance zone. The recent rejection from local highs has produced consecutive bearish candles on the higher timeframes, while momentum indicators continue to cool off.
On the Daily timeframe, price remains above MA25, but the latest candles indicate profit-taking pressure after an extended move. The MACD histogram has flipped negative and bearish momentum is gradually increasing. RSI has also declined from overbought territory, suggesting buyers are losing strength.
The 4H chart confirms a short-term downtrend with lower highs forming after the rejection near 0.80. Any relief bounce into the 0.71–0.75 supply zone could attract additional sellers. As long as price remains below 0.76, the probability favors a continuation toward deeper support levels.
This setup aims to capture a correction following the recent parabolic advance. While the broader structure remains bullish above the major moving averages, the current momentum favors a retracement before any potential continuation higher.
⚠️ This is a counter-trend correction trade. Safe entries are around 0.71–0.75. Move Stop-Loss to Entry after TP3 is achieved and manage risk carefully due to the coin's recent volatility.
H-22.86%
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