ACH/USDT H-1 – Bearish Reversal Setup & Trade Plan

ACH/USDT) is currently showing signs of a potential bearish reversal after forming a double top near the resistance zone. Additionally, the RSI divergence suggests weakening bullish momentum, increasing the probability of a downward move.

Trade Setup:
📌 Entry Price: 0.03367 (Below neckline support)
📌 Stop Loss: 0.03753 (Above resistance to avoid stop hunts)
📌 Take Profit 1: 0.02981
📌 Take Profit 2: 0.02589

Technical Outlook:
🔹 Double Top Formation: A clear bearish pattern, signaling a potential trend reversal.
🔹 RSI Divergence: Momentum is weakening, suggesting a shift from buyers to sellers.
🔹 Breakdown Potential: If the price breaks below the neckline, further downside movement is expected.

📊 Strategy:
Traders should watch for a confirmed breakdown below the neckline before entering short positions. If rejection occurs and the price moves back above resistance, reconsideration may be needed.

💡 Trade Wisely & Manage Risk Effectively! 🚀