Short

#BILLYUSDT expecting further decline!

50
📉 SHORT $BYBIT:BILLYUSDT.P from $0.00367
🛡 Stop Loss: $0.00390

⏱ 1H Timeframe

📍 Overview:
➡️ $BYBIT:BILLYUSDT.P continues to trend downward, forming new local lows. After retesting the $0.00387 zone, the price failed to hold and dropped again, confirming seller dominance.
➡️ POC (Point of Control) at $0.00475 shows the highest liquidity area, positioned above the current price. This confirms a bearish market sentiment, as major trading activity is still concentrated at higher levels.
➡️ A breakdown of support at $0.00367 strengthens the downtrend, opening the way toward $0.00336, where buyers previously showed interest.
➡️ If the price holds below $0.00367, further downside movement is likely, with increasing sell pressure.

⚡ Plan:
➡️ Enter short after confirming a breakdown below $0.00367, signaling further downside.
➡️ Risk management through Stop-Loss at $0.00390, placed above the nearest resistance zone.
➡️ Primary downside target – $0.00336, where buyers may step in.

🎯 TP Targets:
💎 TP 1: $0.00336

🚀 $BYBIT:BILLYUSDT.P remains weak — expecting further decline!

📢 $BYBIT:BILLYUSDT.P remains in a strong downtrend with no signs of buyer recovery. If the $0.00367 level is broken with increasing volume, the decline may accelerate.
📢It's crucial to watch the reaction at $0.00336—if significant buying interest appears, a short-term bounce is possible.
📢However, in the long term, there are no clear reversal signals yet, and long positions should be approached with caution.

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