USELESS is perched on a fragile support as Binance Square looms, and the marketโs appetite for risk is waning. Every tick now feels like a test of whether the bearish tide can finally turn the tide.
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๐ด
$USELESS SHORT ๐
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๐ Entry Range: $0.168122 โ $0.168458
๐ Stop Loss: $0.173339 (-3.0%)
๐ฏ TP1: $0.165766 (+1.5%)
๐ TP2: $0.159875 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 65%
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The recent CHoCH broke the bullish swing, and the CVD spike confirms sellers are taking control. A clear FVG lines up with an order block, creating a POI where the OB and FVG overlap, giving a textbook short entry. Structure is now lowerโhigh, lowerโlow, setting the stage for a move toward the 1.7โtoโ1 reward ratio.
A 3.0โฏ% stop is relatively tight on this volatile pair, so a 5โ10ร leverage range keeps risk manageable.
Take half off the table once price hits the first profit target to lock in early gains.
As always: manage your risk, this is not financial advice ๐
$USELESS #USELESSUSDT #CPIWatch #TradingSignals #Write2Earn