SHORT #BNXUSDT from $0.5118 stop loss $0.5152
1h TF. The instrument formed a local downtrend with impulse bearish candles, indicating the predominance of sellers in this case. And local support levels are confirmed by multiple touches, indicating the accumulation of stops, which participants are striving for.
I expect to see a smooth approach with trading near the levels, increased activity and acceleration of the transaction tape before the breakout.
1TP — 0.5073
2TP — 0.5016
3TP — 0.4955