@Turbo is going more down. Enter short

Wait 5 sec.

@Turbo is going more down. Enter shortTurbo/TetherGATEIO:TURBOUSDTForexandCryptoTraderEntry Price: Around 0.003502 USDT, which is aligned with a previous support/resistance level (yellow line). Stop-Loss (SL): Set at 0.003606 USDT, indicating a small risk buffer above the entry price. Take-Profit (TP): Positioned at 0.003208 USDT, which provides a favorable risk-to-reward ratio. Trade Rationale: Retest of Resistance: Price appears to have broken below a key support level and is now retesting it as resistance before continuing downward. Bearish Momentum: The recent sharp drop suggests increased selling pressure, and the rejection at resistance supports further downside potential. Risk-to-Reward Ratio: The setup shows a well-calculated SL and TP, ensuring a good risk management strategy. Potential Outcome: If price rejects the resistance level, the trade could move towards the take-profit target. If price breaks above the stop-loss level, it would invalidate the trade, suggesting bullish continuation instead. Let me know if you need any refinements or further analysis! 🚀