📉 $SLF /USDT Short Trade Setup! 🚨

📊 Current Price: $0.2069 (-2.64%)

🔍 Market Observations:

✅ Downtrend Confirmation: $SLF/USDT is following a strong descending trendline (blue line), indicating continuous selling pressure.

✅ Bearish Breakdown: The price has broken below $0.2060, a key support level, signaling a potential deeper drop.

✅ Increased Selling Momentum: The red candlesticks with lower highs suggest strong bearish sentiment.

Trading Strategy: Short Setup 📉

🔴 Entry: Below $0.2069

🔴 Stop Loss: $0.2202 (Above resistance)

🟢 Take Profit Targets:

✅ TP1: $0.1900

✅ TP2: $0.1800

✅ TP3: $0.1713

Bearish Confirmation:

A close below $0.2060 will validate further downside potential.

If the price fails to recover above $0.2069, expect continued decline.

⚠️ Risk Management:

If price closes above $0.2202, consider exiting short positions.

📌 Conclusion:

$SLF/USDT is showing strong bearish momentum, breaking critical support levels. A move towards $0.1713 seems likely if selling pressure sustains. Trade cautiously and follow the trend! 📉🔥

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SLF

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