POPCATUSDT may fall from the bearish order Blocl
Bearish order Block :- 1.7253 and 1.6940
POPCATUSDT is approaching a bearish order block between 1.7253 and 1.6940, where we may see a potential reversal and downward momentum. Using Smart Money Concepts (SMC), a valid bearish order block has been identified, indicating that this zone could act as strong resistance.
Additional Analysis: If price touches the order block, we can expect a likely decline, as institutional supply tends to push price lower. Based on the analysis, there is a high probability this trade could end in profit, but we'll have to watch for confirmation once the price reaches the key levels.
POPCATUSDT.P / M15 / SHORT
LEVERAGE :- 50X
Entry Price :- 1.6940
Take Profit :- 1.5825
Stop Loss ;- 1.8167
Bearish order Block :- 1.7253 and 1.6940
POPCATUSDT is approaching a bearish order block between 1.7253 and 1.6940, where we may see a potential reversal and downward momentum. Using Smart Money Concepts (SMC), a valid bearish order block has been identified, indicating that this zone could act as strong resistance.
Additional Analysis: If price touches the order block, we can expect a likely decline, as institutional supply tends to push price lower. Based on the analysis, there is a high probability this trade could end in profit, but we'll have to watch for confirmation once the price reaches the key levels.
POPCATUSDT.P / M15 / SHORT
LEVERAGE :- 50X
Entry Price :- 1.6940
Take Profit :- 1.5825
Stop Loss ;- 1.8167
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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.