📉 SHORT AIXBTUSDT.P from $0.2255 🛡 Stop Loss: $0.2366
⏱ 1H Timeframe
✅ Overview: ➡️ AIXBTUSDT.P continues its downtrend, forming lower highs and lower lows. ➡️ The price has broken the $0.2290 liquidity zone and is holding below it, signaling weak buying pressure. ➡️ If sellers maintain control at $0.2255, a drop towards $0.2040 is likely. ➡️ POC at $0.2566 suggests the main volume accumulation is above the current price, reinforcing the bearish outlook. ➡️ High volume on recent candles indicates selling pressure, which could accelerate the downtrend.
⚡ Plan: 📉 Bearish Scenario: ➡️ Enter SHORT from $0.2255 if price confirms a breakdown. ➡️ Risk management with Stop-Loss at $0.2366, above key resistance.
🎯 TP Target: 💎 TP1: $0.2040 — strong support and profit-taking zone.
📢 AIXBTUSDT.P is in a bearish phase. If the price holds below $0.2255, further downside movement towards $0.2040 is expected. 📢 However, if the price reclaims $0.2366, the bearish scenario could be invalidated, leading to a potential bullish correction.
🚀 AIXBTUSDT.P Expecting a continuation of the downtrend!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.