#MELANIAUSDT further bearish movement!

📉 SHORT MELANIAUSDT.P from $1.420
🛡 Stop Loss: $1.440

⏱ 1H Timeframe

✅ Overview:
➡️ MELANIAUSDT.P continues its bearish trend, failing multiple times to break above resistance $1.469.
➡️ POC at $1.469 indicates a strong liquidity zone, acting as resistance and reinforcing bearish pressure.
➡️ The price broke below $1.424, confirming further downside momentum.
➡️ The next key support level is $1.380, which is the primary target for this short setup.

⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $1.420, as the price continues its decline.
➡️ Manage risk with Stop-Loss at $1.440 to protect against a potential reversal.
➡️ Main downside target:

🎯 TP Target:
💎 TP1: $1.380 — the nearest support level for profit-taking.

📢 If the price MELANIAUSDT.P remains below $1.424, the downtrend is likely to continue.
📢 However, a move back above $1.440 could invalidate the short setup.

🚀 MELANIAUSDT.P Expecting further bearish movement!