sell

Bearish Short Entry on MBOXUSDT with Clear Target Levels

The medium-term downward trend persists, with decreasing lows and highs on the 30-minute timeframe. A correction wave ABC on the higher timeframe has led to testing a mirror level from the opposite side. In a bearish trend, mirror levels only work on the downside. A local range and a sell block have been established, tested, and confirmed. A trend support and a cascade of liquid levels below are in place, indicating an expected decline and the clearance of all long liquidity. Entry range is set between 0.04737 and 0.04895, with a stop loss according to your risk management strategy. Targets are 0.0449, 0.0437, 0.0412, and 0.038.
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AI Analysis

The analysis indicates that MBOXUSDT is in a sustained bearish trend, characterized by decreasing minima and maxima on the 30-minute timeframe. The presence of ABC correction waves on higher timeframe...

AI Recommendation

Based on this analysis, it is advisable to initiate a short position within the specified range, closely monitoring the price action as it approaches the lower targets. Maintaining a stop loss at or a...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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