CUDISUSDT.P: short setup from daily support at 0.07366The situation here looks quite obvious: the BINANCE:CUDISUSDT.P is being slammed down hard.
There was an attempt to buy the dip, which led to a strong rally, but that rally was completely engulfed.
Now the price is once again near its all-time low. The fact that the decline continued after the failed rally clearly indicates a complete absence of buyers.
Key factors for this scenario
Global & local trend alignment
Price void / low liquidity zone beyond level
Liquidity grab (false move against the trend)
Volatility contraction on approach
Momentum stall at the level
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