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🔻 Short trading alert for $HARD/USDT 🔻📉 Current price: $0.1318 (-2.51%)📊 Market trend: Price rejected from recent high - signs of potential reversal are emerging.📉 Support levels: $0.1280 - $0.1250📈 Resistance levels: $0.1350 - $0.1400
Trading Setup🎯 Targets: First target (TP1): $0.1280 ✅Second target (TP2): $0.1250Third target (TP3): $0.1200🛑 Stop Loss: $0.1355
Market Outlook: The price has reached a local peak and was strongly rejected, indicating selling pressure. Forming lower peaks, indicating a weakening uptrend. Decrease in volume in the upward movement, confirming exhaustion of buying momentum.
🔥 Professional tip: Look for rejection candles near $0.1330-$0.1350 for a perfect entry for selling on rallies. Exit short positions if price breaks and settles above $0.1355. Secure partial profits at the first target (TP1) and adjust stop loss to breakeven after achieving the first target.
⚠️ Risk Management: Use appropriate risk and reward ratios and trailing stop loss to protect gains. Monitor the 15-minute and one-hour chart for additional confirmations.
🚨 Confirmation of a bearish trend - Active short selling market!$HARD
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