Short
#BILLYUSDT expecting further decline!
📉 SHORT $BYBIT:BILLYUSDT.P from $0.00367
🛡 Stop Loss: $0.00390
⏱ 1H Timeframe
📍 Overview:
➡️ $BYBIT:BILLYUSDT.P continues to trend downward, forming new local lows. After retesting the $0.00387 zone, the price failed to hold and dropped again, confirming seller dominance.
➡️ POC (Point of Control) at $0.00475 shows the highest liquidity area, positioned above the current price. This confirms a bearish market sentiment, as major trading activity is still concentrated at higher levels.
➡️ A breakdown of support at $0.00367 strengthens the downtrend, opening the way toward $0.00336, where buyers previously showed interest.
➡️ If the price holds below $0.00367, further downside movement is likely, with increasing sell pressure.
⚡ Plan:
➡️ Enter short after confirming a breakdown below $0.00367, signaling further downside.
➡️ Risk management through Stop-Loss at $0.00390, placed above the nearest resistance zone.
➡️ Primary downside target – $0.00336, where buyers may step in.
🎯 TP Targets:
💎 TP 1: $0.00336
🚀 $BYBIT:BILLYUSDT.P remains weak — expecting further decline!
📢 $BYBIT:BILLYUSDT.P remains in a strong downtrend with no signs of buyer recovery. If the $0.00367 level is broken with increasing volume, the decline may accelerate.
📢It's crucial to watch the reaction at $0.00336—if significant buying interest appears, a short-term bounce is possible.
📢However, in the long term, there are no clear reversal signals yet, and long positions should be approached with caution.
🛡 Stop Loss: $0.00390
⏱ 1H Timeframe
📍 Overview:
➡️ $BYBIT:BILLYUSDT.P continues to trend downward, forming new local lows. After retesting the $0.00387 zone, the price failed to hold and dropped again, confirming seller dominance.
➡️ POC (Point of Control) at $0.00475 shows the highest liquidity area, positioned above the current price. This confirms a bearish market sentiment, as major trading activity is still concentrated at higher levels.
➡️ A breakdown of support at $0.00367 strengthens the downtrend, opening the way toward $0.00336, where buyers previously showed interest.
➡️ If the price holds below $0.00367, further downside movement is likely, with increasing sell pressure.
⚡ Plan:
➡️ Enter short after confirming a breakdown below $0.00367, signaling further downside.
➡️ Risk management through Stop-Loss at $0.00390, placed above the nearest resistance zone.
➡️ Primary downside target – $0.00336, where buyers may step in.
🎯 TP Targets:
💎 TP 1: $0.00336
🚀 $BYBIT:BILLYUSDT.P remains weak — expecting further decline!
📢 $BYBIT:BILLYUSDT.P remains in a strong downtrend with no signs of buyer recovery. If the $0.00367 level is broken with increasing volume, the decline may accelerate.
📢It's crucial to watch the reaction at $0.00336—if significant buying interest appears, a short-term bounce is possible.
📢However, in the long term, there are no clear reversal signals yet, and long positions should be approached with caution.
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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.
🔥Subscribe to our Telegram channel🔥
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
Related publications
Disclaimer
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.