### **πΉ Technical Analysis & Setup:** β **Pattern:** Rising Wedge Breakdown π β **Breakdown Confirmation Needed:** Price dropping below **$18.60** with strong selling volume β **Support Zones:** - **$17.85:** First Key Support - **$17.03:** Extended Target if selling pressure continues β **Momentum Shift Expected:** Breakdown could trigger further downside pressure π
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### **π₯ Trade Strategy & Refinements:** π **Volume Confirmation:** Look for increasing **selling volume below $18.60** π π **Trailing Stop Strategy:** Once price reaches **TP1 ($17.85)**, adjust SL lower to secure profits π π° **Partial Profit Booking:** Take partial profits at **$17.85** and let the rest ride toward **$17.03+** π΅ β οΈ **Fake Breakdown Risk:** If price rebounds **back above $18.60**, reconsider entry β
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### **π Final Thoughts:** β **Bearish Breakdown Expected** β High probability of **continuation lower** π β **Strong Resistance at $19.47** β Ideal short entry for risk-reward optimization π° β **Momentum Shift Possible** β A **drop below $17.85** could accelerate downside move π
π **Trade Smart & Stick to the Plan!** ππ₯
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