#FOXYUSDT – Bearish Scenario, Downtrend Confirmation📉 SHORT BYBIT:FOXYUSDT.P from $0.002765
🛡 Stop Loss: $0.002928
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:FOXYUSDT.P chart shows a confirmed breakdown of a Bearish Pennant, signaling a continuation of the downward trend.
✅ The asset is trading below POC (Point of Control) at $0.003052, confirming seller dominance.
🎯 TP Targets:
💎 TP 1: $0.002692
🔥 TP 2: $0.002618
⚡ TP 3: $0.002545
📢 Holding below $0.002765 would confirm the downtrend.
📢 POC at $0.003052 is a key selling area where major volume was previously accumulated.
📢 High volume on the breakout confirms bearish momentum.
📢 The first TP at $0.002692 is a level where partial profit-taking is recommended.
🚨 BYBIT:FOXYUSDT.P remains in a bearish trend – monitoring for further confirmation and securing profits at TP levels!
