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Gate Square New & Returning Creator Rewards are ongoing!
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🚨 Warning! Is a dangerous downward fall coming?!
🔷 What is a bearish reversal?
It happens when the price hits a strong resistance level and fails to break through, then starts to form lower highs with increasing selling pressure. This could be the beginning of a sharp fall!
📌 Bearish reversal signals:
✅ Strong rejection at resistance.
✅ Trading volume rises at the peaks.
✅ The main support was broken with strong red candles.
🎯 How do you trade it?
If you are in a buy position, monitor the support level and set a suitable stop loss.
Short positions can be entered after a clear break with a retest of resistance.
Do not take risks without strict capital management.
#Recent Market Analysis
#Stablecoin Market Cap Hits ATH
#SEC Crypto Roundtable Meeting