GODSUSDT.P experienced a sharp upward pump followed by a strong rejection near the 0.1960 level (0.00% Fib). After failing to sustain the high, the price retraced and is currently consolidating near the 50% Fibonacci level (0.1528) on the 15m chart.
🔻 Bearish Bias Confirmed:
• MACD Histogram shows increasing bearish momentum.
• Price is struggling to reclaim 0.1563 resistance zone.
• If 0.1528 breaks, look for continuation to Fib targets:
• 61.8% (0.1427)
• 78.6% (0.1282)
• Final support near 100% - 110% zone (0.109 – 0.1015).
📊 Trade Plan:
Short entries below 0.1528 with SL above 0.1563. Targeting key Fib zones for profit booking.
⚠️ Not financial advice. Always do your own research and manage your risk accordingly.
🔻 Bearish Bias Confirmed:
• MACD Histogram shows increasing bearish momentum.
• Price is struggling to reclaim 0.1563 resistance zone.
• If 0.1528 breaks, look for continuation to Fib targets:
• 61.8% (0.1427)
• 78.6% (0.1282)
• Final support near 100% - 110% zone (0.109 – 0.1015).
📊 Trade Plan:
Short entries below 0.1528 with SL above 0.1563. Targeting key Fib zones for profit booking.
⚠️ Not financial advice. Always do your own research and manage your risk accordingly.
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.
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.