#AI16ZUSDT remains in a bearish momentum
📉 SHORT BYBIT:AI16ZUSDT.P from $0.1544
⚡️ Stop loss $0.1582
🕒 Timeframe: 1H
✅ Overview BYBIT:AI16ZUSDT.P
➡️ Price continues in a downtrend, breaking key support levels.
➡️ POC: $0.1615 marks a high-volume area where price was rejected, indicating strong selling pressure.
➡️ Resistance at $0.1582 — expect rejection on retest.
➡️ Entry zone: $0.1544, but wait for confirmation before entering!
➡️ Targeting TP1: $0.1510 and TP2: $0.1485 on further downside movement.
📍 Important Note: Watch for confirmation levels before entering! Do not enter too early.
🎯 Take Profit Targets:
💎 TP 1: $0.1510
💎 TP 2: $0.1485
⚡️ Plan:
➡️ Wait for confirmation before entering at $0.1544.
➡️ Stop loss $0.1582 — above resistance.
➡️ Take profits at $0.1510 and $0.1485.
🚀 BYBIT:AI16ZUSDT.P remains in a bearish momentum — follow the plan after confirmation!