#AriaAI
AriaAI/USDT Short Selling Plan
Trading Logic:
Another AI token has weakened after a significant rally. It is clear from the chart that the price failed to break the previous high, leaving a "weak high point" area above, and is now starting to form a rounded top, creating a bearish structure. It is evident that buyers have lost strength. I opened a short position directly at the current level because the bearish pattern is very obvious here. I expect the market to move strictly downward following the black line I drew.
Short Selling Area: Enter at the current level (approximately 0.30105), or wait for a small local rebound before entering.
Target Levels:
1. 0.25000 (middle area, local support level)
2. 0.20103 (main target, corresponding to the direction of the black arrow, testing the red zone)
Technical Analysis:
This asset has entered the distribution phase as expected after a vertical rally. Large players are unloading near the highs. The black line represents my projected main wave scenario: first, a period of local consolidation, followed by a sharp drop to the 0.20103 level, cooling off the chart. There is currently no momentum to continue upward, this wave is definitely for shorting, and remember to set a stop loss!