Update $UP โ€“ Binance ๐Ÿ“‰

UPBSC
UP
0.169
-2.32%

UP is experiencing a strong drop, current price 0.16903 ๐Ÿ”ฝ

Analysis:

Sharp decline after sideways movement ๐Ÿ“Š

Strong red candles with selling pressure ๐Ÿ“‰

Weak rebound attempt after the drop ๐Ÿ“Œ

Support at 0.166 ๐Ÿ’ช

Resistance at 0.172 โ€“ 0.175 โšก

Short-term momentum is clearly negative ๐Ÿ’น

Trade Plan:

Entry: 0.166 โ€“ 0.170 ๐ŸŸข

TP1: 0.172 ๐Ÿ’ฐ

TP2: 0.174 ๐Ÿ’ฐ

TP3: 0.175 ๐Ÿ’ฐ

Stop Loss / SL: 0.162 ๐Ÿšซ

Selling pressure continuesโ€ฆ Trade cautiously ๐Ÿ‘€๐Ÿš€