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B3USDT SPOT

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B3USDT trade ideas

#B3USDT remains weak—expecting further decline!📉 SHORT BYBIT:B3USDT.P from $0.007859 🛡 Stop Loss: $0.008012 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:B3USDT.P remains in a steady downtrend after retracing to the resistance level. ➡️ POC (Point of Control) at $0.00962 confirms seller dominance, and the current price trades below the high-volume area. ➡️ A break below $0.007859 opens the door for further downside as liquidity lies below. ➡️ If the price holds below this key level, a continuation of the decline is expected. ⚡ Plan: ➡️ Enter short below $0.007859 to confirm the bearish scenario. ➡️ Stop-Loss at $0.008012 to manage risk in case of an upward reversal. 🎯 TP Targets: 💎 TP1: $0.007610 🚀 BYBIT:B3USDT.P remains weak—expecting further decline! 📢 General advice on the asset: Weak price action in BYBIT:B3USDT.P suggests continued downside potential. If the price breaks below $0.007859, it is likely to drop to $0.007610. 📢 However, a rebound above $0.008012 could lead to a short-term recovery.
Short
by MoriartyTrading