$CAP — New Taiwan Dollar keeps looking short-biased.
The token has surged roughly 400% from around $0.015, making a meaningful pullback increasingly likely after such a strong run. Even with daily volume above $20M, the selling pressure could still build.
At the current price, a short-term short targeting a ~15% pullback may offer an interesting setup, while longer-term traders may also watch for a larger correction.
Welcome aboard — and as always, manage your risk carefully.
The token has surged roughly 400% from around $0.015, making a meaningful pullback increasingly likely after such a strong run. Even with daily volume above $20M, the selling pressure could still build.
At the current price, a short-term short targeting a ~15% pullback may offer an interesting setup, while longer-term traders may also watch for a larger correction.
Welcome aboard — and as always, manage your risk carefully.