Trad3WithFaraz

Short Below Last Lower

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Trad3WithFaraz 已更新   
BINANCE:PEOPLEUSDT   PEOPLE / TetherUS
The market currently exhibits a concerning scenario characterized by a bearish divergence, followed by the emergence of a head and shoulders pattern. The recent breakout below the neckline of this pattern has heightened apprehensions among traders, as it signals a potential shift in trend dynamics. What adds to the unease for buyers is the formation of a new lower low, indicating a sustained downward trajectory.
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