#DecemberRateCutForecast Strategy and Trade Management

The strategy centers around waiting for the price to drop from its current level, or using a slight rally toward the resistance as a better entry point.
Initial Drop: The poster believes the price will drop soon, driven by the current "Bearish" sentiment and the proximity to the liquidation price ($0.29765), suggesting that shorts are already in a favorable position.
Optimal Entry/Add-on: If the price rallies towards the $0.320 – $0.335 Resistance and then shows a rejection (e.g., a bearish candlestick pattern), this is considered the ideal and safer moment to enter or double-down on the short position.
Risk Management:
Stop-Loss: Must be placed above the major resistance ($0.320 – $0.335).
Short-Squeeze Alert: If the price spikes above $0.350 with high volume, it signals a short-squeeze and the trade should be closed to cut losses immediately.

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