Downtrend #BUZZUSDT📉 SHORT BYBIT:BUZZUSDT.P from $0.02640
🛡 Stop Loss: $0.03010
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BUZZUSDT.P is in a strong downtrend, consistently forming new lower lows. The price continues to decline after rejecting $0.03584 (POC), confirming seller dominance.
➡️ The price is currently testing the $0.02700 support level, but given the overall trend, a further breakdown is likely.
➡️ If the $0.02640 level is broken and the price holds below it, a continuation toward $0.01999 is expected.
➡️ Volume is decreasing, indicating weak buyer support and a high probability of further downside.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.02640 if price confirms a breakdown.
➡️ Risk management with Stop-Loss at $0.03010, above the nearest resistance zone.
🎯 TP Target:
💎 TP1: $0.01999 — strong support and profit-taking zone.
🚀 BYBIT:BUZZUSDT.P Expecting a continuation of the downtrend!
📢 BYBIT:BUZZUSDT.P remains under selling pressure, and if the price breaks below $0.02640, further downside movement is likely.
📢 However, if the price reclaims $0.03010, the bearish scenario could be invalidated, leading to a potential bullish correction.
