#AIXBTUSDT continuation of the downtrend

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📉 SHORT AIXBTUSDT.P from $0.2255
🛡 Stop Loss: $0.2366

⏱ 1H Timeframe

✅ Overview:
➡️ AIXBTUSDT.P continues its downtrend, forming lower highs and lower lows.
➡️ The price has broken the $0.2290 liquidity zone and is holding below it, signaling weak buying pressure.
➡️ If sellers maintain control at $0.2255, a drop towards $0.2040 is likely.
➡️ POC at $0.2566 suggests the main volume accumulation is above the current price, reinforcing the bearish outlook.
➡️ High volume on recent candles indicates selling pressure, which could accelerate the downtrend.

⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.2255 if price confirms a breakdown.
➡️ Risk management with Stop-Loss at $0.2366, above key resistance.

🎯 TP Target:
💎 TP1: $0.2040 — strong support and profit-taking zone.

📢 AIXBTUSDT.P is in a bearish phase. If the price holds below $0.2255, further downside movement towards $0.2040 is expected.
📢 However, if the price reclaims $0.2366, the bearish scenario could be invalidated, leading to a potential bullish correction.

🚀 AIXBTUSDT.P Expecting a continuation of the downtrend!

Penafian

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