POPCATUSDT is approaching a bearish order block between 1.7253 and 1.6940, where we may see a potential reversal and downward momentum. Using Smart Money Concepts (SMC), a valid bearish order block has been identified, indicating that this zone could act as strong resistance.
Additional Analysis: If price touches the order block, we can expect a likely decline, as institutional supply tends to push price lower. Based on the analysis, there is a high probability this trade could end in profit, but we'll have to watch for confirmation once the price reaches the key levels.
POPCATUSDT.P / M15 / SHORT LEVERAGE :- 50X Entry Price :- 1.6940 Take Profit :- 1.5825 Stop Loss ;- 1.8167
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