👑 $FIGHT Breakdown Trading Strategy

🔽 SHORT

✳️ ENTRY: 0.004240 - 0.004340 - 0.0044200

🎯 TARGETS: 0.004120, 0.004030, 0.003960, 0.003840, 0.003700, 0.003400, 0.003000

🀄️ LEVERAGE: 10x

🔴 STOPLOSS: 0.004500

#FIGHT is showing signs of short-term weakness after failing to hold above the recent 0.0047 peak. Price is currently losing momentum and has slipped below the fast moving average while approaching the MA25 support zone.

The MACD has already printed a bearish crossover, with histogram bars expanding into negative territory. This confirms that buying pressure is fading and sellers are gradually taking control.

On the RSI, all major RSI lines are trending downward and moving below the neutral zone, indicating weakening bullish momentum. The rejection from the recent high combined with falling RSI often leads to a deeper correction phase.

The immediate support sits around 0.0041, and a breakdown below this region could accelerate the move toward lower targets. If bears maintain pressure, the market may revisit the previous accumulation zone near 0.0035 - 0.0030.

As long as price remains below 0.0045, the short setup remains valid. A rejection from the entry zone would strengthen the bearish case and improve the probability of reaching the downside targets.

⚠️ Manage risk carefully and DCA within the entry range. A confirmed rejection below resistance could provide an attractive risk-to-reward opportunity for continuation toward the lower support levels. 📉