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Entry: $8.85 (breakdown level)
Stop Loss (SL): $9.36 (marked in red) 🚫
Target 1 (T1): $8.38 (marked in yellow) 🟡
Target 2 (T2): $7.81 (marked in green) ✅
Reason: Rising wedge pattern breakdown with resistance at $8.85. Price rejection near the upper trendline confirms bearish momentum.
Entry: $8.85 (breakdown level)
Stop Loss (SL): $9.36 (marked in red) 🚫
Target 1 (T1): $8.38 (marked in yellow) 🟡
Target 2 (T2): $7.81 (marked in green) ✅
Reason: Rising wedge pattern breakdown with resistance at $8.85. Price rejection near the upper trendline confirms bearish momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.